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Does credit line increase improve your credit score?

I just paid off my credit balance. If I request credit line increase will it improve my score?

Public Comments

  1. Yes, because your debt to credit ratio will go down. This makes up a full 30% of your score.
  2. Yes it can instantly increase your credit score because of utilization rate. Increasing your balance it great. Just keep your credit card balance 30% of the credit limit and you credit score could go up 20 -35 points.
  3. If you have a 0 balance on your credit card then I don't know if raising your credit line will do a whole lot honestly. If you are going to have something other than a zero balance it will. If you aren't going to use the card though then you should close the account-inactive accounts are bad for your score
  4. your score is almost meaningless. the rule is simple; use the least amount of credit you can live with. do not seek increases in anything. the more you earn and the less you owe the higher your score automatically and the scores are ARBITRARY!
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