Highest Balance on Your Credit Card Account Can be Used as Your Credit Limit

Guest: fotomaniak
Post subject: Highest Balance on Your Credit Card Account Can be Used as Your Credit Limit
Posted: Fri Feb 04, 2005 11:44 am

Quote:
Equifax uses highest balance as a credit limit if they don't know the actual credit limit.


Confusing. If they use your highest balance as credit limit, they would compare you overall balance to that highest balance?[/quote]
yes thats what they did.
I have a discover with 10K credit limit. Have not used it for a while. Then charged around $300 in one month, and they've used that as a credit limit.

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Guest: Fess
Posted: Thu Apr 13, 2006 4:21 pm

As of 04/13/06

My mom's FICO credit score is 748 (roughly better than 59% of the U.S. populace)

All my hard work has yielded superior results.

Much thanks to all the informed folks of this forum for helping me reach this point.

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Guest: Board Monitor
Board Monitor/ Administrator
Posted: Fri Apr 14, 2006 7:23 am

Congrats Fess! Please keep us updated on her continued progress...
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Guest: NightStar
Board Monitor/ Administrator
Posted: Fri Apr 14, 2006 11:46 am

That is wonderful news congrats.
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Pammila Phillis
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Guest: mouse
SENIOR MEMBER (Member for 2 yrs.+)
Posted: Sat Apr 15, 2006 10:28 pm

I MAX-OUT 0.00% BT's ALL THE TIME!!!

AND I AIN'T TALKIN' 49% EITHER...TRY 99%

(but I have over $300,000 unused at all times)

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