Originally Posted by
beltway
… anticipatory CL reduction … excellent strategy, … this ain’t rocket surgery. Chase typically gives me far more credit than I need on a new card … can easily drop … CL while keeping plenty in reserve …For those of you who crave the company of Chase phone reps, you do you. I won’t kink-shame.
Excellent strategy and explanation of what for some people is poorly understood, thank you.
I like comparisons to rocket science and/or brain surgery
. I’m an advocate of the opposite strategy, not sure exactly why, have “far more credit than I (ever could) need”. Maybe the “mine’s bigger than yours” theory
and/or the “measuring one’s human value based on net worth or income or total credit limit” theory
.