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Automatic credit card limit increase affect my house chances?
GoulashKetchum
Posts: 4 Newbie
Hi,
My credit card company, virgin money, has offered me a credit limit increase from £2600 to £5200. I have my account set to automatically accept. If the new limit is applied to my account, will this go down as me applying for the credit increase on my credit files? I only ask as my wife and I will be looking to buy a house before the end of the year and don't really want a hard search this close to it. I don't need the increase as I only spend £200 a month on it but my credit karma file is saying if my credit limit was £4000+ then it would make me more attractive to lenders. Can anyone advise as Google isn't shedding any light.
My credit card company, virgin money, has offered me a credit limit increase from £2600 to £5200. I have my account set to automatically accept. If the new limit is applied to my account, will this go down as me applying for the credit increase on my credit files? I only ask as my wife and I will be looking to buy a house before the end of the year and don't really want a hard search this close to it. I don't need the increase as I only spend £200 a month on it but my credit karma file is saying if my credit limit was £4000+ then it would make me more attractive to lenders. Can anyone advise as Google isn't shedding any light.
0
Comments
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As your limit is currently so low, accept it. Make yourself look more trustworthy than currently.0
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