Normal credit limit? : r/personalfinance - Reddit

Banks are much more likely to CLI credit lines that are actively being used. If you were using $2-3k of that $5k limit each month and not getting any auto CLIs, that would be more curious than …

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Normal Credit Limit? : R/personalfinance - Reddit

1 week from now

Banks are much more likely to CLI credit lines that are actively being used. If you were using $2-3k of that $5k limit each month and not getting any auto CLIs, that would be more curious than …

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Credit Limit: Is This Normal? : R/personalfinance - Reddit

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The $1,200 credit limit with Citi Costco credit cards is very common. Citi doesn’t care about your loyalty to Bank of America. Banks can give you whatever credit limit they want. If Citi doesn’t …

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What's A Normal Credit Limit Amount For A 20-25 Year Old, - Reddit

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Moved onto discover and a cabelas card which are my primaries. For reference at 20 my credit limit was ~$5,000 and i had a ~$9,000 loan for a Car and ~$25,000 in student loans. I was …

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How Do Credit Limits Work? How Big Do They Realistically Get?

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Credit bureaus also want to see balances on your cards but not more than 30% of total credit limit. If your balance goes over 30%, even if you pay on time, you lose points. You earn MORE …

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Why Is My Credit Limit So Low, And Should It Be Higher?

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But it would make life easier if I had more freedom to charge things I plan to pay off when the bill arrives. A $3500 credit limit puts you at 50% credit utilization on a $1750 charge. Having 2 …

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FAQs about Normal credit limit? : r/personalfinance - Reddit Coupon?

Should you have a low credit limit?

First, having a low credit limit makes it easy to show a high level of credit utilization. After all, charging $500 to a credit card with a $1,000 limit would leave you with a utilization rate of 50 percent on that card even though you owe a relatively small amount of money. ...

What is Reddit r/personalfinance?

Reddit’s r/PersonalFinance community has 15 million members and is one of the most popular subreddits for content related to all things finances. The community was first created in 2009 and since then has published thousands of posts, threads, and discussions on an array of personal finance topics. ...

Should you follow the R/personalfinance subreddit?

Curtis Bailey, a Cincinnati-based CFP, has also seen solid advice on the r/personalfinance subreddit, particularly when it comes to basics like managing debt and cash flow. But he’s also seen misinformation, about taxes, for example. So it’s hard to tell which advice is worth following, and which is, well, garbage. ...

How do credit card issuers determine my credit limit?

One of the most important factors credit card issuers look at when determining your credit limit is your payment history so far. This factor makes up the highest percentage of your FICO score, and credit card issuers are more likely to give you more access to credit if your payment history is flawless. ...

Which is the best personal finance subreddit?

The best personal finance subreddit on Reddit is r/personalfinance. It has over 14.0 million members and eleven-thousand members online at any one time. r/personalfinance is absolutely stuffed with information and seems to be never-ending, with popular subs being added to it daily. ...

Is there a personal finance community on Reddit?

Yes, Reddit has a personal finance community. The flagship sub on reddit for everything personal finance is r/personalfinance. Reddit also has a huge personal finance community, and in it are a lot of knowledgeable people and tons of useful information. ...