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? asked in Business & FinanceCredit · 1 month ago

Credit increase ?

I have a great credit score 795 and recently tried to get increase on my credit card because its more then a month the last time I had a increase I've been using it alot but do pay 2 days after in full payment and they will not increase one of my co worker says that if I pay in full too soon they will not increase so I have to wait until I get my statement? Is this true??

3 Answers

Relevance
  • 4 weeks ago

    You are too impatient.  Time between increases in credit limit is measured in years, not months.  You're lucky to get two increases in the same 12-month period.

  • ?
    Lv 5
    1 month ago

    they told u one. usual the bank isn't going to increase your credit limit until after six months of usage on the card responsible. make minimum payment and not full

  • 1 month ago

    The won't increase it because you just increased it a month ago. Someone that keeps increasing their credit limit and debt becomes an increasing risk to getting paid back. People in great financial shape don't usually keep increasing their credit.

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