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Best % of limit for credit limit increases

js78
js78 Posts: 153 Forumite
what is the best % which promotes the largest credit limit increases?

i have capital one 34% interest, vanquis, aqua and flybee.

20-30%?

if so do you just set up direct debit every month for the min payment then 6mths later how much should it go up?

Aqua £350 limit
Capital £200
Vanquis £250
Flybe £1000

How long do you recommend keeping these accounts open for credit scoring increase
JS Name: Freemans £94/£200, Jacamo £941/£1400, Santander account £0/£0 Limit, 3 network 18mthx£20, Vanquis £233/£250, Vodafone 24mthx£35, Great Universal £500/£600, Littlewoods £500/£600, Marshall Ward £250/£300, Halifax Reward £93/£100 o/d, Studio £44/£250, Flybe £1450/£1500, Accessory £450/£520.

Comments

  • hi cap1 will automatically increase on ur 4th statement.
    if i was you, i would keep my debt to credit ratio no more than 70%

    and run these accounts for at least 12 months and move to main stream.

    hope this helps as thats how i boosted my credit file
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