Articles Tagged ‘credit limit’

Why Financial Institutions May Automatically Raise Your Credit Card Limit
Friday, February 15th, 2013
Why Financial Institutions May Automatically Raise Your Credit Card LimitIt seems like some individuals are always searching for ways to increase the credit limits on their credit cards. The reasons for doing so are varied, and might include a desire for greater day to day purchasing power, the need for an easy to access source of funds for emergencies, or even to lower an individual’s credit utilization ratio. But sometimes a bank or credit union or credit card company will automatically raise a customer’s credit limit without ever being asked to do so. While this might seem a bit unusual, there are actually a few good reasons why your...

Read More »