Credit Line Increases

Discussion in 'Credit Talk' started by nobita, Oct 8, 2001.

  1. nobita

    nobita Member

    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?
  2. Dani

    Dani Well-Known Member


    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.


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