FlyerTalk Forums - View Single Post - Adding new cards/cancelling- credit rating?
Old Aug 14, 2006 | 7:28 pm
  #19  
soitgoes
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Originally Posted by psyflyer
2)If your FICO (as you state) is in excess of 800 any credit card company will instantly approve you for at least 50 grand credit line (usually well into 6 figures)... $15 credit line with an 800+ FICO doesnt add up.
That's not necessarily true. One can have a high FICO score without having a huge income. A credit card company looks at income when determining credit lines. I think that you're right than most credit card companies will give a card to anyone with an 800+ FICO score, but the amount of the line of credit may not be so gigantic as you imagine.
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