Originally Posted by
reft
Also, on the charge cards, the more you have, the lower your total revolving utilization is.
I do not see a credit limit on my charge card, where do you on yours?
Originally Posted by
reft
Any new creditor could be nervous if you have too much credit relative to your income, and may decline you for that reason, and not your score.
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Creditor issuing credit cards does not verify your income other than what you put on the application. So if it is higher than what the application says the minimum required, then no problem. No application indicates that too much credit is the reason for not approving the new card.
If low utilization is good, then large credit limit can not be bad.