What do credit card companies base your credit limit on?

Posted by | Posted in Credit Help | Posted on 22-02-2011-05-2008

3

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.


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