Credit Advice

I would say that your current income is not taken into consideration, though. I have had many instances where I was told by reps that they could not update my income. So they're still using my income from when I applied back in 2000 when I was a student.

It would be awesome if this site offered a credit line simulator, similar to the credit score simulator but applied to determining how much of a credit line or loan amount one could generally expect based off different inputs such as credit score, income, payment history, etc.

I have a Juniper card with a 5k limit, a personal Chase card with a 2k limit and a business Chase card with a 5k limit. My income the past few years is more the double what it was when I first opened these cards. Can I contact these companies and send a statement from say oct of 2009 and get my limits raised to 5k & 10k? Currently making over 100k.

Thanks.

Underwriting, which is the technical term for both the approval and the credit limit of a credit card application, can vary for different credit card companies. A company's underwriting criteria is often a closely guarded secret since it can determine how profitable any given company can be.

There is a good article from Credit Karma about it: http://blog.creditkarma.com/credit-cards/how-a-credit-card-limit-is-determined