Question : If you request a credit limit increase on a credit card, and its declined, does it effect your credit score?
If you request a credit limit increase on a credit card, and its declined, does it effect your credit score, or anything?Thanks.
- asked by Joel
All Answers:
Answer #1
yes, anytime you apply for a new credit card orask for an increase, (or basically anything thathas to check your credit), it affects your score.
- answered by Whitney N
Answer #2
yes, it decreases your credit score.However, notdue to being denied, rather you would get a smallhit for two reasons:1. requesting credit2. Havingsomeone look at your credit score.
- answered by akristel2003
Answer #3
because you requested it.....yes
- answered by Sharon F
Answer #4
No it does notAaron
http://www.letranslator.com
- answered by Aaron K
Answer #5
it depends on how they qualified you....if theylooked at your credit bureau, then yes it doeseffect it any inquiry doesif they based it on youraccount history solely with them, it will notiwould assume they wouldn't have looked at yourcredit bureau if you did it by phone, if yousigned and mailed something i would assume theydid
- answered by sn00p
Answer #6
Getting declined for an increase does not loweryour score.Having someone look at your creditscore does.
- answered by Jeff
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