If I have 1 card that has been charged off, and all the others are paid as agreed, will I ever get a credit increase? Or will the charge off hamper this?
Nobita, It all depends on the bank. Contact the credit card company that you would like an increase from and ask if they pull a hard inquiry, a soft inquiry, or do they base it on your past payment history. By doing this so far I average 15% of card issuers will pull a hard inquiry for an increase, 60% will pull a soft inquiry, and 25% will base it on your previous credit history with them. Good luck. Dani
