{"id":59209,"date":"2023-02-27T07:22:33","date_gmt":"2023-02-27T11:22:33","guid":{"rendered":"https:\/\/www.iwillteachyoutoberich.com\/?p=59209"},"modified":"2025-04-03T22:46:36","modified_gmt":"2025-04-04T02:46:36","slug":"increase-credit-line","status":"publish","type":"post","link":"https:\/\/www.iwillteachyoutoberich.com\/increase-credit-line\/","title":{"rendered":"How To Negotiate A Credit Line Increase: 3 Simple Steps"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"59209\" class=\"elementor elementor-59209\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-b37d24f elementor-section-boxed elementor-section-height-default elementor-section-height-default qodef-elementor-content-no\" data-id=\"b37d24f\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-aadf4c6\" data-id=\"aadf4c6\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c1294b5 elementor-widget elementor-widget-text-editor\" data-id=\"c1294b5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>A credit line increase is a terrific tool to improve your financial standing and experience life in HD.\u00a0<\/p>\n<p><!-- \/wp:paragraph --><!-- wp:paragraph --><\/p>\n<p>But there are rules.\u00a0<\/p>\n<p><!-- \/wp:paragraph --><!-- wp:paragraph --><\/p>\n<p>Not the kind of rules that will force you to walk across burning coals or recite the Constitution.\u00a0<\/p>\n<p><!-- \/wp:paragraph --><!-- wp:paragraph --><\/p>\n<p>Rules that will allow you to apply for limit increases at the best possible time for the best possible rewards. These are\u00a0NOT\u00a0the typical \u201cdon\u2019t do this\u201d annoying checklist rules that feel unattainable and nonsensical.\u00a0<\/p>\n<p><!-- \/wp:paragraph --><!-- wp:paragraph --><\/p>\n<p>These are the types of rules that will allow you to make your move at your convenience, for your gain.\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c6ffd58 elementor-widget elementor-widget-text-editor\" data-id=\"c6ffd58\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><!-- wp:paragraph --><\/p>\n<p><!-- \/wp:paragraph --><!-- wp:image {\"align\":\"none\",\"id\":36201,\"className\":\"wp-image-36201 size-large\"} --><\/p>\n<figure class=\"wp-block-image alignnone wp-image-36201 size-large\"><img decoding=\"async\" class=\"wp-image-36201\" src=\"https:\/\/iwtoldproddev.wpengine.com\/wp-content\/uploads\/asg_Y9m1JvaOgzi0hWc12Frevision-2F1608328634409-shutterstock_1271640562-1-1024x683.jpg\" alt=\"Man relaxing at his computer\" \/>\n<p><!-- \/wp:image --><\/p>\n<\/figure>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-df3a7cf elementor-section-boxed elementor-section-height-default elementor-section-height-default qodef-elementor-content-no\" data-id=\"df3a7cf\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-d6e575f\" data-id=\"d6e575f\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c1ad0f3 elementor-widget elementor-widget-heading\" data-id=\"c1ad0f3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Rule 1: Timing That Doesn\u2019t Suck <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a171e27 elementor-widget elementor-widget-text-editor\" data-id=\"a171e27\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><!-- wp:paragraph --><\/p><p>Remember watching survival shows back in the early 2000s? What was the cardinal rule for a warm, toasty shelter? Don\u2019t start building when it\u2019s already raining.\u00a0<\/p><p><!-- \/wp:paragraph --> <!-- wp:paragraph --><\/p><p>The same principle can be applied to finance. You might be able to negotiate an increase, but it\u2019s not going to be on your terms.\u00a0<\/p><p><!-- \/wp:paragraph --> <!-- wp:paragraph --><\/p><p>There are a few things you want in place before you make that call to your credit card company:\u00a0<\/p><p><!-- \/wp:paragraph --> <!-- wp:list --><\/p><ul><li>Your credit utilization is under 30%\u00a0<\/li><li>That your credit rating is hot (check your credit report!)<\/li><li>Your bank account is healthy and there is no derogatory information on it\u00a0<\/li><li>Income payments take place regularly\u00a0<\/li><\/ul><p><!-- \/wp:list --> <!-- wp:paragraph --><\/p><p>The most important thing is that your credit line is maintained, but used. This means that you make regular purchases with your card. You make your payments on time and your payment history is clear. And, you settle your credit card balance every month.\u00a0<!-- \/wp:paragraph --><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-b8652d3 elementor-section-boxed elementor-section-height-default elementor-section-height-default qodef-elementor-content-no\" data-id=\"b8652d3\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-70a6849\" data-id=\"70a6849\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6ad13ab elementor-widget elementor-widget-heading\" data-id=\"6ad13ab\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Rule 2: The Increase Works for You <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9068575 elementor-widget elementor-widget-text-editor\" data-id=\"9068575\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><!-- wp:paragraph --><\/p>\n<p>Sure it\u2019s great to have a $100,000 credit line. It\u2019s also great to manage your payments without breaking into a hot sweat every time the bill payment pings on your phone.\u00a0<\/p>\n<p><!-- \/wp:paragraph --><\/p>\n<p><!-- wp:paragraph --><\/p>\n<p>Your credit line should enable you to have access to the best in life. At the same time, it should add value, automate your finances (learn more in Ramit\u2019s book,\u00a0<a href=\"https:\/\/www.iwillteachyoutoberich.com\/books\">I will teach you to be rich<\/a>), and afford you access to some epic rewards.\u00a0<!-- \/wp:paragraph --><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-a13bdc4 elementor-section-boxed elementor-section-height-default elementor-section-height-default qodef-elementor-content-no\" data-id=\"a13bdc4\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-b41d6cd\" data-id=\"b41d6cd\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-109fa2e elementor-widget elementor-widget-heading\" data-id=\"109fa2e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Rule 3: You\u2019re in Control<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a639312 elementor-widget elementor-widget-text-editor\" data-id=\"a639312\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><!-- wp:paragraph --><\/p>\n<p>Now, this rule is the one that is often ignored and tends to make us feel vulnerable to the core. If you\u2019re still living trapped (Ramit refers to this as the ordinary work-yourself-to-a-standstill to barely afford a cup of coffee) or in treadmill life (where maybe one day you\u2019ll get to travel), it\u2019s time to gear up a notch and realize that banks exist because we let them.\u00a0<\/p>\n<p><!-- \/wp:paragraph --> <!-- wp:paragraph --><\/p>\n<p>They provide convenience, and once that convenience no longer exists, we will quite literally take our money elsewhere.\u00a0<\/p>\n<p><!-- \/wp:paragraph --> <!-- wp:paragraph --><\/p>\n<p>Thinking of calling BS on this? Just consider this. \u00a0<\/p>\n<p><!-- \/wp:paragraph --> <!-- wp:paragraph --><\/p>\n<p>They need our capital in savings to create a buffer for lending. They need to provide loans in order to make money on the interest charged. Get it? They <em>need<\/em> your savings and your credit.\u00a0Yes, even <a href=\"https:\/\/www.bankofamerica.com\/\">Bank of America<\/a> has advertising campaigns targeted at new clients.\u00a0<\/p>\n<p><!-- \/wp:paragraph --> <!-- wp:paragraph --><\/p>\n<p>Now that you understand your buying power, to request a credit limit increase should articulate your request confidently. Our\u00a0negotiation techniques\u00a0are hardwired for a positive outcome and can be applied from credit limit increase requests to asking for a raise. Without sounding cheap.\u00a0<!-- \/wp:paragraph --><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-abe050f elementor-section-boxed elementor-section-height-default elementor-section-height-default qodef-elementor-content-no\" data-id=\"abe050f\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-0cc8438\" data-id=\"0cc8438\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d71ba1d elementor-widget elementor-widget-heading\" data-id=\"d71ba1d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Now for the \u201cHow\u201d<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c2b8935 elementor-widget elementor-widget-text-editor\" data-id=\"c2b8935\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>While it\u2019s simple enough to do an online limit increase through your online profile with the chosen card company, some companies prefer to do the final verification telephonically.\u00a0<\/p>\n<p><!-- \/wp:paragraph --><!-- wp:paragraph --><\/p>\n<p>When the call comes through (and expect that call to come through), it\u2019s important to remember Ramit\u2019s cardinal rules of negotiation.\u00a0<\/p>\n<p><!-- \/wp:paragraph --><!-- wp:paragraph --><\/p>\n<p>A special tip from Ramit: Always take notes of the call and get as much information as possible. This includes names, dates, and numbers.\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0282dc8 elementor-widget elementor-widget-heading\" data-id=\"0282dc8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-heading-title elementor-size-xl\">The world wants you to be vanilla...<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b9402c2 elementor-widget elementor-widget-text-editor\" data-id=\"b9402c2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>\u2026but you don\u2019t have to take the same path as everyone else. How would it look if you designed a Rich Life on your own terms? Take our quiz and find out: <!-- notionvc: 3b18b01e-034d-458e-9439-d84a7cd16df5 --><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e8472f9 elementor-widget elementor-widget-button\" data-id=\"e8472f9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/www.iwillteachyoutoberich.com\/rich-life-quiz\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Take the Quiz<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-329e48c elementor-section-boxed elementor-section-height-default elementor-section-height-default qodef-elementor-content-no\" data-id=\"329e48c\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-ab3cc56\" data-id=\"ab3cc56\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4af250f elementor-widget elementor-widget-heading\" data-id=\"4af250f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Step 1: Ask for what you want<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c898d5a elementor-widget elementor-widget-text-editor\" data-id=\"c898d5a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><!-- wp:paragraph --><\/p>\n<p><!-- \/wp:paragraph --><!-- wp:heading {\"level\":3} --><\/p>\n<p>Simply ask. Something as simple as \u201cI\u2019d like a limit increase on my credit card\u201d is a good place to start. But if you want to take it a step further, add in \u201cand I\u2019d like to see about a reduction in that APR.\u201d\u00a0<\/p>\n<p><!-- \/wp:paragraph --><!-- wp:heading {\"level\":3} --><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a7afd6b elementor-widget elementor-widget-heading\" data-id=\"a7afd6b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Step 2: Possible pushback <\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e82f683 elementor-widget elementor-widget-text-editor\" data-id=\"e82f683\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>If there is a slight pushback on either, remind the consultant that you\u2019ve been a customer for X years. In\u00a0Ramit\u2019s negotiation techniques, he explains that it\u2019s far more cost-effective for a bank to retain a customer than to onboard a new one. In fact, the cost to onboard new customers is between $350 and $2,500.\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7971ad6 elementor-widget elementor-widget-heading\" data-id=\"7971ad6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Step 3: Another nudge if needed <\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8e974a5 elementor-widget elementor-widget-text-editor\" data-id=\"8e974a5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>If there is still pushback or the limit is not what you desire, you need to gear up. Ask the consultant to view your history. Ask again how the consultant can help you. Repeat this process with a supervisor if you\u2019re referred to them. Remember to end strong and use phrases like, \u201cI understand,\u201d \u201cI want,\u201d and \u201cI\u2019d like.\u201d\u00a0<\/p>\n<p>If you\u2019ve remained firm, you should have what you want by the end of the call.\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ecbcae3 elementor-section-boxed elementor-section-height-default elementor-section-height-default qodef-elementor-content-no\" data-id=\"ecbcae3\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-62ec008\" data-id=\"62ec008\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7261055 elementor-widget elementor-widget-heading\" data-id=\"7261055\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Why You Should Absolutely Ask for a Credit Line Increase<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2ec1a22 elementor-widget elementor-widget-text-editor\" data-id=\"2ec1a22\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><!-- wp:paragraph --><\/p>\n<p>As Ramit says, \u201cCredit has a far greater impact on your finances than saving a few dollars a day on a cup of coffee.\u201d But it might not be entirely what you think (if what you were thinking was going on a shopping spree and using your limit more like a target).\u00a0<\/p>\n<p><!-- \/wp:paragraph --><!-- wp:heading {\"level\":3} --><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b7ca699 elementor-widget elementor-widget-heading\" data-id=\"b7ca699\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Well managed credit boosts your credit score <\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-01cd8d6 elementor-widget elementor-widget-text-editor\" data-id=\"01cd8d6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>If you find that you\u2019re pushing beyond that 30% usage of your credit card, it might be a good idea to increase your credit card limit. This means that you remain within that 30% margin, which helps push up your credit score. Request a credit line that will allow you to comfortably remain within a safe margin. Failing to do so might cause you to use a higher percentage of your credit card, which can lead to a drop in your credit score. And it\u2019s a downward spiral from here, my friend. If you want to know more, check out our article on\u00a0<a href=\"https:\/\/www.iwillteachyoutoberich.com\/how-to-improve-your-credit-score\/\">how to improve your credit score.<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-749036b elementor-widget elementor-widget-heading\" data-id=\"749036b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Higher scores translate to better deals <\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-df780ea elementor-widget elementor-widget-text-editor\" data-id=\"df780ea\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>If you have a perfect, can\u2019t-touch-this credit score as the goal of your credit card line increase, then you\u2019re in for a treat. Better credit scores mean better access to exclusive credit card offers. Think platinum, invite-only, reserve, or elite. Need we say more? Plus, if your credit card issuers work on a variable APR, your credit score will count in your favor for\u00a0a lower APR. Not just for your credit card, but other credit products too.\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c1144a8 elementor-widget elementor-widget-heading\" data-id=\"c1144a8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Your cash flow is in your hands \n<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6f1f7dc elementor-widget elementor-widget-text-editor\" data-id=\"6f1f7dc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>A credit card is a very short-term bridge between the purchase of an item and when your income comes in. Higher credit limits will provide you with that extra cash flow, as long as you remember not to use it like a safety net (that\u2019s what emergency savings are for).\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-d56b813 elementor-section-boxed elementor-section-height-default elementor-section-height-default qodef-elementor-content-no\" data-id=\"d56b813\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7c32785\" data-id=\"7c32785\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-023ad7d elementor-widget elementor-widget-heading\" data-id=\"023ad7d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">When You Should Say NO<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6322979 elementor-widget elementor-widget-text-editor\" data-id=\"6322979\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><!-- wp:paragraph --><\/p>\n<p>A credit limit needs to serve you. The moment a higher limit causes nervous night sweats and clammy palms, it\u2019s time to pull the plug.\u00a0<\/p>\n<p><!-- \/wp:paragraph --><!-- wp:list --><\/p>\n<ul>\n<li>You&#8217;re investing. Don&#8217;t use loans to fund investments<\/li>\n<li>The credit line increase is unaffordable<\/li>\n<li>You are at the peak of credit score heaven<\/li>\n<li>Another credit company is about to get your business<\/li>\n<li>You&#8217;ve recently applied for credit<\/li>\n<\/ul>\n<p><!-- \/wp:list --><!-- wp:paragraph --><\/p>\n<p>A credit line increase is about more than pushing the boundaries of credit limits. It\u2019s about implementing a strategy that will allow you to tap into the full potential of having a credit card. A credit card should:\u00a0<\/p>\n<p><!-- \/wp:paragraph --><!-- wp:list --><\/p>\n<ul>\n<li>Be a tool to improve your credit score<\/li>\n<li>Help you reach your personal finance goals\u00a0<\/li>\n<li>Create opportunities through buying power<\/li>\n<\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1b34654 elementor-widget elementor-widget-heading\" data-id=\"1b34654\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">FAQs About Credit Line Increase<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4d8d486 elementor-widget elementor-widget-heading\" data-id=\"4d8d486\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Does increasing credit line hurt credit score?<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d5666de elementor-widget elementor-widget-text-editor\" data-id=\"d5666de\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>A higher credit limit will not negatively affect your credit score as long as you do not increase your spending too much. Because the utilization ratio is a measurement of how much of your available credit is being used, a lower utilization ratio means that you are paying back your debts more quickly.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b4eb113 elementor-widget elementor-widget-heading\" data-id=\"b4eb113\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Is it worth it to request a credit line increase?<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-82dc39e elementor-widget elementor-widget-text-editor\" data-id=\"82dc39e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>When you apply for a credit card increase, it can not only boost your buying power but also lower your credit utilization, which can help your credit score. However, timing is important when making such an application.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-00d4045 elementor-widget elementor-widget-heading\" data-id=\"00d4045\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">What is a good credit line limit?<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f834a57 elementor-widget elementor-widget-text-editor\" data-id=\"f834a57\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Experian, a credit bureau, reports that the average credit card limit is $30,000. To receive such a high amount of available credit, an applicant typically needs excellent credit scores and a high income. These same factors may not be enough for some applicants to get a credit limit of $30,000 or more.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7c9acfe elementor-section-boxed elementor-section-height-default elementor-section-height-default qodef-elementor-content-no\" data-id=\"7c9acfe\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-8c7b6b7\" data-id=\"8c7b6b7\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ffeb4a0 elementor-widget elementor-widget-qi_addons_for_elementor_blockquote\" data-id=\"ffeb4a0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"qi_addons_for_elementor_blockquote.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"qodef-shortcode qodef-m qodef-qi-blockquote qodef-layout--top qodef--\">\n\t\t\t\t<h4 class=\"qodef-m-text\">\n\t\t\tIf you liked this post, you\u2019d LOVE our Ultimate Guide to Social Skills\t\t<\/h4>\n\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b4db21a elementor-widget elementor-widget-text-editor\" data-id=\"b4db21a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>It\u2019s one of the best things we&#8217;ve published, and totally free \u2013 just tell us where to send it:<!-- notionvc: 398d2d26-323c-43f7-8fb6-0e04133d124b --><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-f88791b elementor-section-boxed elementor-section-height-default elementor-section-height-default qodef-elementor-content-no\" data-id=\"f88791b\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-0b7fa89\" data-id=\"0b7fa89\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-23abcfa elementor-widget elementor-widget-qi_addons_for_elementor_wp_forms\" data-id=\"23abcfa\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"qi_addons_for_elementor_wp_forms.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"qodef-shortcode qodef-m qodef-qi-wp-forms\">\n\t<div class=\"wpforms-container wpforms-container-full\" id=\"wpforms-53564\"><form id=\"wpforms-form-53564\" class=\"wpforms-validate wpforms-form\" data-formid=\"53564\" method=\"post\" enctype=\"multipart\/form-data\" action=\"\/wp-json\/wp\/v2\/posts\/59209\" data-token=\"0977df8a291463dbc49e83bef989f120\" data-token-time=\"1779991818\"><noscript class=\"wpforms-error-noscript\">Please enable JavaScript in your browser to complete this form.<\/noscript><div class=\"wpforms-field-container\"><div id=\"wpforms-53564-field_18-container\" class=\"wpforms-field wpforms-field-hidden\" data-field-type=\"hidden\" data-field-id=\"18\"><input type=\"hidden\" id=\"wpforms-53564-field_18\" name=\"wpforms[fields][18]\" value=\"https:\/\/www.iwillteachyoutoberich.com\/c-ultimate-guide-to-social-skills\/\"><\/div><div id=\"wpforms-53564-field_1-container\" class=\"wpforms-field wpforms-field-hidden\" data-field-type=\"hidden\" data-field-id=\"1\"><input type=\"hidden\" id=\"wpforms-53564-field_1\" name=\"wpforms[fields][1]\" value=\"34.92.157.226\"><\/div><div id=\"wpforms-53564-field_2-container\" class=\"wpforms-field wpforms-field-hidden\" data-field-type=\"hidden\" data-field-id=\"2\"><input type=\"hidden\" id=\"wpforms-53564-field_2\" name=\"wpforms[fields][2]\"><\/div><div id=\"wpforms-53564-field_3-container\" class=\"wpforms-field wpforms-field-hidden\" data-field-type=\"hidden\" data-field-id=\"3\"><input type=\"hidden\" id=\"wpforms-53564-field_3\" name=\"wpforms[fields][3]\"><\/div><div id=\"wpforms-53564-field_4-container\" class=\"wpforms-field wpforms-field-hidden\" data-field-type=\"hidden\" data-field-id=\"4\"><input type=\"hidden\" id=\"wpforms-53564-field_4\" 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value=\"https:\/\/www.iwillteachyoutoberich.com\/wp-json\/wp\/v2\/posts\/59209\"><\/div><div id=\"wpforms-53564-field_13-container\" class=\"wpforms-field wpforms-field-hidden\" data-field-type=\"hidden\" data-field-id=\"13\"><input type=\"hidden\" id=\"wpforms-53564-field_13\" name=\"wpforms[fields][13]\" value=\"53564\"><\/div><div id=\"wpforms-53564-field_15-container\" class=\"wpforms-field wpforms-field-hidden\" data-field-type=\"hidden\" data-field-id=\"15\"><input type=\"hidden\" id=\"wpforms-53564-field_15\" name=\"wpforms[fields][15]\" value=\" \/ UG to Social Skills\"><\/div><div id=\"wpforms-53564-field_14-container\" class=\"wpforms-field wpforms-field-hidden\" data-field-type=\"hidden\" data-field-id=\"14\"><input type=\"hidden\" id=\"wpforms-53564-field_14\" name=\"wpforms[fields][14]\" value=\"{entry_page}\"><\/div><div id=\"wpforms-53564-field_20-container\" class=\"wpforms-field wpforms-field-html\" data-field-type=\"html\" data-field-id=\"20\"><div id=\"wpforms-53564-field_20\"><strong>If you like this post, you'd love my Ultimate Guide to Social Skills<\/strong><\/div><\/div><div id=\"wpforms-53564-field_21-container\" class=\"wpforms-field wpforms-field-html\" data-field-type=\"html\" data-field-id=\"21\"><div id=\"wpforms-53564-field_21\">It\u2019s one of the best things I\u2019ve published (and 100% free), just tell me where to send it:<\/div><\/div><div id=\"wpforms-53564-field_10-container\" class=\"wpforms-field wpforms-field-name\" data-field-type=\"name\" data-field-id=\"10\"><label class=\"wpforms-field-label wpforms-label-hide\" for=\"wpforms-53564-field_10\">First Name <span class=\"wpforms-required-label\">*<\/span><\/label><input type=\"text\" id=\"wpforms-53564-field_10\" class=\"wpforms-field-medium wpforms-field-required\" name=\"wpforms[fields][10]\" placeholder=\"First Name\" required><\/div><div id=\"wpforms-53564-field_11-container\" class=\"wpforms-field wpforms-field-email\" data-field-type=\"email\" 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value=\"https:\/\/www.iwillteachyoutoberich.com\/wp-json\/wp\/v2\/posts\/59209\"><input type=\"hidden\" name=\"url_referer\" value=\"http:\/\/www.iwillteachyoutoberich.com\/increase-credit-line\/\"><button type=\"submit\" name=\"wpforms[submit]\" id=\"wpforms-submit-53564\" class=\"wpforms-submit\" data-alt-text=\"Sending...\" data-submit-text=\"Send me the guide!\" aria-live=\"assertive\" value=\"wpforms-submit\">Send me the guide!<\/button><\/div><\/form><\/div>  <!-- .wpforms-container --><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>A credit line increase is a terrific tool to improve your financial standing and experience life in HD.\u00a0 But there are rules.\u00a0 Not the kind of rules that will force you to walk across burning coals or recite the Constitution.\u00a0 Rules that will allow you to apply for limit increases at the best possible time 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