What Happens if You Max Out a Credit Card?

author: highlimits.com
Posted: Mon Oct 13, 2003 12:14 am
Post subject: What Happens if You Max Out a Credit Card?
Hey everyone, does maxing out your credit card and paying it off over and over get you bigger limits from the cc companies. thanx

---

CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!

---

Author: NightStar
Posted: Sat Nov 08, 2003 5:06 pm
Post subject: What Happens if You Max Out a Credit Card?

I would not recommend maxing the credit card, keep it below 40%, what helps you is having a moderate balance and paying as agreed. Then in time they will periodically review your account, or after 6 months or a year you might call in to request if they don't offer the increase for you their selves.

But by all means, keep that balance down. Maxed out card will only result in jacked up interest rates (because they will deem you a credit risk).
_________________
Best Regards,
Pammila Phillis
Board Monitor
http://www.cardratings.com
501-663-0314 PH

---

CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!

---