NWR: Credit Card Limits (lowering & raising)

Becca2010 Posted: Sep 28, 2010 01:37 PM

NWR: Credit Card Limits (lowering & raising)

So about a year ago, one of my cards lowered my limit b/c I had a somewhat high balance. Now that I'm much lower, they increased it.

Does this mean my credit is improving? I still have high balances on my other cards.

jhines4684 Posted: Sep 28, 2010 01:46 PM

Re: NWR: Credit Card Limits (lowering & raising)

I think so, I think once my credit card company saw I purchased a wedding gown on my card, my limit went from 1,000 to 6,000 in a week. No joke. They probably sensed I needed it. I'm surprised they haven't lowered it though. Maybe because I do make larger than minimum payments each month.