/ Register

Credit Increases

Discussion in 'Credit Talk' started by madison, Sep 14, 2003.

  1. Sep 14, 2003 #1
    madison

    madison Active Member

    When you request a credit increase for a credit card, do banks usually pull your credit report?
     
  3. Sep 14, 2003 #2
    NJones

    NJones Well-Known Member

    Call and ask for a prequalified limit increase. Tell them that you don't want a hard inquiry on your credit reports because that is detrimental to you FICO score.
    A lot of times they offer CLI based on your payment history with them.
     
  4. Sep 14, 2003 #3
    GEORGE

    GEORGE Well-Known Member

    JUST ASK FOR A "PRE-APPROVED" CREDIT LIMIT INCREASE...(NO CREDIT REPORT)

    "IF" THEY SAY THEY MUST PULL...IT IS UP TO YOU IF IT IS WORTH THE "HIT" OF <7> POINTS

    To me it is NOT worth the "HIT"
     
  5. Sep 14, 2003 #4
    NJones

    NJones Well-Known Member

    Re: Re: Credit Increases

    For some people an inquiry might cost more (or less) than 7 points.
     

Share This Page