When it comes to Chase you apply for a new card that you don’t really plan on ever using because credit limits when getting new cards are higher than applying for a CLI. Then after you get the card you call Chase and ask to transfer the credit limit from the new card to the card you wanted a CLI on

If someone is working on lowering their credit card balance, how long after it's been paid off, should they apply for a credit-limit increase? Could they apply immediately after paying off the balance-as I understand it, credit utilization doesn't have memory?

Damn. I just requested a CLI on one of my cards. I’ve only been with them for 5months. Still pending their review. Initial credit: $3000. Requested: $15000

Awesome video explaining clearly how to submit CLI req

Completely forgot I was already subscribed here and looked into suggestions. My journey into credit has grown in very great ways and this vid answers some questions I have. Thank you !!

I have a security freeze on my credit report. Do I have to unfreeze it before asking for a credit increase??

Question: Should you update your income if it decreases? For example, I make around $50,000 a year, but I live at home and my parents' combined income is around $100,000 a year. I put $130,000 on applications since I do a lot of the shopping and they contribute. However, if I ever were to move out, should I then update my income to only $50,000 a year?

Thanks

Thank you 🙏🏻

What do you do next if you’re denied credit Incase ? Watched you apply Good information to refer back on.

I'm so glad you posted this video. I'm trying to rebuild and not have any low limit cards. I would like to eventually have around 15k to 20k worth of credit. I would like to know if student loans would hurt your chances of getting a credit increase or higher limits? I don't have rent/mortgage because my home is paid off as well as my car.

I just approved for the amex green card 2 weeks ago

How do you have so many credit cards? How does that effect your hard inquires on your report

Hey Mark, I had a question. What is the purpose of using the Citi Custom Cash for only one specific category rather than multiple categories? I've been hearing about this card that the Custom Cash should only be used for category. Why is that? What would happen if you use it for multiple categories? Thanks for responses!

They usually do a hard inquiry when you request a CLI?

How do closed accounts (closed in good standing) affect your credit profile? I recently closed a couple of accounts with nearly maxed out utilization, while keeping my active revolving accounts closer to 10%. My credit score keeps rising a bit each month, but will I see a more dramatic score increase if I get those closed accounts closer to 0, or are they currently having no affect on my score aside from paying them on time each month?

Thank you for sharing this information with us

Hey i love your channel. Quick question, how do you know if a credit card has a maximum limit that you cannot surpass? Like is there a list somewhere that will let you know a limit ceiling for credit cards?? For example, my Sapphire Reserve has a $24,000 Limit, how much higher can i go??

one issuer just increased the credit limit without me asking? should i wait another 6 months now before i ask for a CLI on another card from a different issuer?

Mark, just curious but how many Citi Custom Cash cards do you have? 🤔

Another fantastic video. Are you a "team cash back" person or "team travel" person?

I called Chase last night to have some of my cl transferred from one card to another, but the rep told me that it's not possible to do it across payment processor networks. Any dp's to suggest otherwise?

I did the same with Citi and then because I didn’t use one of the 3 cards they tried to cut the limit in half but let me call to get it restored.

Yooooo Mr Mark what’s up

👍🏻

🙌⬆️💳

why bother doing it? just open new cards with bonus