Does anyone have advice on raising your credit limit? I don't necessarily need a higher limit for my own sake, but I recently had an issue because I had a high balance that was about to be paid off, but I also had to charge several nights of an expensive hotel for a business trip, and it was a little too close for comfort hoping the payment went through before my card was charged.
They ask for your income and then what you want to raise to; is there some percentage of your income that's a good standard? And I suppose I'm also supposed to consider the limit on my credit card of seven years that I never use but is just being nice to my credit history?
Is yours a lending library?
Surely... hey - do you think the cueCat would work on 'em?
lisah - that's awesome news about the jobs ... and even if you don't want to leave your current place, could you use the interest elsewhere to negotiate helping to remove or reshape some of the annoying factor from that job?
P-C, have you asked the credit card company to raise your limit?
Well, if I use the website, it asks me to put in an amount. With my Bank of America card, I just asked, and it gave me a new limit. So I don't know what amount to ask for. Because wouldn't it be better to increase it to what I can now rather than bring it up in little installments? Because once you raise it, you can't raise it again for a set amount of time, right? I don't know how the game works. I'm not a big spender or anything; I just want the security of not worrying.
P-C 38% is a pretty decent debt to income ratio.
I'm so glad to hear that about your grandfather PC!
I have drugs! Something called Clarithromycin that I need to take 2 tablets for 14 days. There was a crap load of stuff it interacts with so I asked the pharmacist about my meds and she said the Seroquel might make it less effective, but to take it several hours before the Seroquel.
Now Mom's going to come get me and take me to dinner since I'm feel bad and not like cooking.
P-C 38% is a pretty decent debt to income ratio.
Thanks, DJ! I assume this means I have to include whatever limit is on the card I don't use, right? I feel like I should just cancel it, but I don't know what that does to my credit rating.
Usually they'll look at what the minimum payment is to calculate debt for any ratio.
I'm not sure I understand. Who's "they" in that statement? And the minimum payment being the one set by the credit card company for the month?
