ANSWERS: 2
  • Yes. One of the components of your score is based on whether your cards are maxed out or not. In other words, having a $10000 limit card with $3000 balance on your credit history is better than having a $5000 limit card with the same balance. I would not request increases since this generates an extra enquiry in your history but definitely do accept them.
  • Yes it would increase your limit to debt ratio.

Copyright 2020, Wired Ivy, LLC

Answerbag | Terms of Service | Privacy Policy