aar0ngersh0n

20 Contributions 42 People Helped Top Contributor

Member Since: May 2011

Most Helpful Contribution

Chase Freedom Unlimited®

Apr 29, 2019
Helpful to 9 out of 9 people

Every financial institution will do that. As others said, you're using too much of your limit. The rule of thumb is, less than 30% of limit on each account, and less than 50% of total limit between all accounts

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Chase Freedom Unlimited®

Apr 29, 2019
Helpful to 9 out of 9 people

Every financial institution will do that. As others said, you're using too much of your limit. The rule of thumb is, less than 30% of limit on each account, and less than 50% of total limit between all accounts

Discover it®

Jul 30, 2013
Helpful to 5 out of 5 people

Income is the primary determining for the limit. With Discover™ you need to make at least 10k annually to have any chance at being approved.

Discover it®

Jul 30, 2013
Helpful to 9 out of 10 people

Credit limits are not strictly based on how consistently your payments are on time, it is also based on income. Income is actually the primary determinant when it comes to limits when initially applying for the card. Also, they do base your limits on other cards too, and if you have low limits on your other cards, there's no way this one will skyrocket the others. You need to do more studying of how credit limits and scores work, but don't expect to ever understand the full thing; it's waaay too complex. Not even licensed creditors, or agents from the bureau themselves understand the full process.

Chase Amazon.com Rewards Visa® Card

May 31, 2016
Helpful to 3 out of 3 people

There are no fees associated with this card other than your standard late payment and interest charges. It's not Chases or Amazons fault you couldn't figure out how to set up e billing. I've been a card holder for five years and had e billing from the get go. This card is the only one out there that has multiple places to earn 2% and 3% cash back without an earning cap. Anyone who gives this card a bad review is responsible for their bad situation. The only issue I've had with the card was a long hold time with CS a couple times, but that's standard with any company.

Capital One® Platinum Prestige Credit Card - EXPIRED OFFER

Nov 21, 2013
Helpful to 3 out of 3 people

If you just got the card, the inquiriy is most likely what made your score go down. If you've had it for a while, and have had trouble with payments, that will also cause a score decrease. If neither of those are so with this card alone, you must be having trouble with another part of your credit report that is affecting your score neatively.

Chase Freedom Unlimited®

Apr 29, 2019
Helpful to 2 out of 2 people

No financial institution will ever do it without reason. There was likely something within your credit history that their back office didn't like, so they didn't want to take the chance of your last mistake to happen with them too.

Chase Freedom Unlimited®

Apr 29, 2019
Helpful to 3 out of 4 people

Limit is far more based on debt to income ratio than it is credit score.

How long will it take for an auto loan to appear on my account?

Nov 13, 2017
Helpful to 1 out of 1 people

Yes. Removing negative marks from your report, especially missed or late payments will increase your credit score. 

Chase Amazon.com Rewards Visa® Card

Jul 01, 2016
Helpful to 1 out of 1 people

You are very unlikely to be approved with a credit score of 600. Don't rate the card bad because your credit wasn't good enough to be approved.

Chase Amazon.com Rewards Visa® Card

Jul 01, 2016
Helpful to 1 out of 1 people

It's best to use this card at restauranrs, gas stations, drug stores and office supply stores as well when a higher cash back percent is not offered by other financial institutions, or you've reached your spending limit with other cards (which is usually 9 out of 12 months). What's amazing about this card is that there are no earning limits. Every other card out there that offers 2% cash back or more has an earning cap (usually $1,500/quarter).

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