I have 640-650 credit score, 130k income, and some credit. I need a card but it seems like getting a card with a $500 credit limit will only push my scores down. How do I get a higher limit?
Updated on September 16, 2014
You can contact your current credit card issuers and request for a credit limit increase. It won’t hurt your credit score as much as opening a new credit card because the average age of your credit accounts won’t change. If your creditors do not raise your credit limits, then you can apply for a new credit card. When you apply for a credit card it is inevitable that your credit score will be lowered. But that is not what cannot be improved. On-time minimum payments with all your creditors during 3-6 months will raise your scores back if not improve.
User Comments about This Question
BROWSE MORE QUESTIONS ABOUT Fair Credit Cards:
Have A Credit Card Question? Ask Our Experts
LOOKING FOR A CARD?There is a credit card for any credit and for any purpose. Whether you want to start building your credit from scratch or earn rewards on purchases, save on gas or travel for free, you can find a good credit card offer for that.
COME GET IN TOUCH WITH US
Never miss a new article, review or a credit product. Follow us in social networks, leave comments, and share your thoughts. Subscribe to receive latest news and trending offers on the credit card market to find the credit card that will save you money and give you perks and rewards.
Please specify the following:All these fields are optional
Thank you for providing this information! We will make sure our letters are useful for You.