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Question by Terry G: Should I increase my credit card limit to raise my credit score? Fast Credit Repair Answer by mikelenord Add your own answer in the comments!
I currently Have a Platinum Mastercard with no balance on it, and I want to keep it that way using it for only small purchases. My credit line is for $ 10,000 as of now, should I increase my credit line to $ 20,000 and keep no or a minimal balance on it to help my credit score. Will that be beneficial to raising scores and receiving good interest percentages on home loans and car loans in the future? I really just want to have the best score possible to save the most money later in life.
Best answer:
The higher your credit limit the higher your score!
Also, the higher you balance the lower your score.
I found this info using this guide I am not at 760 credit score!
http://klooger.niesong.hop.clickbank.net/
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