How does having an authorized affect your credit limit?

Discuss the Visa & MasterCard payment networks as well as cards that operate through them.
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Joined: Mon May 07, 2012 1:54 pm
Location: New York City

How does having an authorized affect your credit limit?

Postby SunnyZ » Sat Oct 06, 2012 10:37 pm

I currently have the chase freedom card with 3000$ limit with 2 authorized on the account and a credit score of 746. I am currently 25 years old. doesnt have any negative credit history.

i have the card for around 4 month now, i am wondering if i want to ask for a credit limit increase in the next two to three month how will it affect my out come? will they give me a higher increase because i have more people to spend it? or will they give me a lower increase because there is more risk?

oh yea the two authorized user never use there cards, if that helps.
any comment will be appreciated, thank you for helping.

Money card
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Postby Money card » Sat Oct 20, 2012 8:46 pm

well I assume you use your card alot I hope you pay your bill in full. you have a 3,000 credit limit. 25 years old a score of 746, you've had
the card for about 4 months being the fact that you live in New York city and everything is a ripoff , it probably would be a good idea to ask for a credit increase. as long as you pay your bill in full, the others aren't abusing you and not paying for what they use , your NOT defaulting on there side of the payments it's a good idea to ask.

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