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Thread: Is asking for a credit increase a good idea or bad idea?
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Old Jan 12, 2012 | 3:01 pm
  #2  
scubadiver
 
Join Date: Feb 2003
Location: Reston, Virginia, USA
Posts: 653
Raising the limit on your CC improves your debt to credit ratio, thus improves your credit score. I do not see a downside. (Assuming you stay within the bounds of paying the entire nut each month.)

I had Chase up my limit in order to make a $10K spend. No problems.
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