Is requesting an increase in a credit card limit treated the same as an application for new credit for FICO?

Posts Tagged ‘score’

Is requesting an increase in a credit card limit treated the same as an application for new credit for FICO?

By Author on Monday, September 12th, 2011 | 6 Comments

I know that applying for a new card will reduce my FICO, and that increasing credit limits (while keeping debt amounts constant) will increase my score – but this would not be the case if requesting the increase in credit limit is treated as a new credit card application? Related Credit Card Sites

will i get approved for a banana republic credit card with a 627 score (experian)?

By Author on Monday, August 22nd, 2011 | 3 Comments

-I have 30k in student loan debt -3 accounts that have been delinquent for 90 days (accounts are now closed and 4 years old) -8 accounts with never late -44%credit (61) /56% debt (99) -627 score with experian -still in school but have some income -household income – k -1 credit card open I am [...]

How will opening and closing a credit card affect my score?

By Author on Tuesday, July 5th, 2011 | 4 Comments

My wife and I opened a credit card at Toys r Us to get an additional 15% off our order. Once it comes in, we plan on paying the entire bill and then calling to cancel the credit card. How will this affect our score versus leaving the card open and not using it? Related [...]

What is a credit card company that will give you a second chance after chargeoffs?

By Author on Monday, June 20th, 2011 | 3 Comments

I would like to slowly restor my credit but I need to get another credit card and be responsible with it to get my score up. What company does this? Related Credit Card Sites

How to improve credit score with first credit card?

By Author on Tuesday, May 31st, 2011 | 4 Comments

Hi there. I have just received my first credit card. I struggled to improve my credit enough to finally qualify for a card. I had to start with a bottom of the barrell card, however, as my score currently averages 600. This card has a high APR, high penalties and a yearly fee. I am [...]

No Annual Fee Credit Cards

Posts Tagged ‘score’