I am pretty positive it’s based your salary.
And that they look at your credit reports to see credit limits in other cards.
My guess is no more than 25% of your salary in credit.
Any other guesses on how credit card companies figure out credit limits?
Credit card companies do not give out this information.
I am looking to raise my credit score and I have been turned down buy credit card companies and I spoke with someone that said I could get a pre approved credit card but i thought all credit cards were pre approved. Please help me I need to raise my credit score. Thanks
I have recently checked my credit report and I realized I had several credit card accounts which were unused for several years running with a zero balance for some time.
I would like to close them to resolve my accounts and improve my overall credit.
I have to admit that some of the credit companies are quite odd (not cititbank or MBNA) but smaller credit houses from obscure stores I once purchased something to earn the 10% off etc.
How do I go about contacting the credit card companies to close these empty accounts?
I am trying to pick my credit score back up off the floor and have heard that you can do this by applying for credit cards and making the payments on them. Nice! Except, I went through a divorce and my credit is now lowsy. I pay all my bills on time and have a decent job, yet credit card companies don’t give me the time of day. Does anyone know of a company that will work with a credit slacker like me?
I got my credit report today and it shows that my total credit amount is 0 and I have 6 available. After further inspection I noticed that only one credit card had reported a credit limit/max balance and that all of my credit cards hadn’t been reported since April. Is there an effective way to contact the credit card companies and get them to report accurate and up to date information to the credit bureaus? I feel that this issue is affecting my credit score, so I would like to fix this.
Thanks in advance.
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