Newbie Question

Discussion in 'Credit Talk' started by Sethide, Feb 18, 2009.

  1. Sethide

    Sethide New Member

    Hello Everyone,

    I am pretty new to all this FICO system.
    I have 1 visa card since 18 months. I started with 1k Credit line, I have now 4K.
    My recent credit line increase (+1k) requested online has been denied.
    How bad this will hurt my FICO score?

    In the mean time, the same bank has offered me a pre-approved Master card with 3.5K credit line, I have accepted the offer. I was told I would take a 20 points dip for that.

    Is it kinda weird they denied me for a +1k and offer me a 3.5K master card?

    Thank you for your help.



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