Too bad these people can’t take a few moments to research their answers.

While it is true that having too high of a credit limit will hurt your score, having low credit limits also reflects the fact that creditors to not trust you and are afraid to offer you credit. That will also have a negative impact.

Therefore, you do need to request higher credit limits. Just don’t overdo it. There is no reason for someone making $50k a year to have $100k in credit limits!

Go to and read their consumer education material. This is the site of the folks who developed the credit scoring system.

The only way to increase a personal credit score is to pay accounts in the manner agreed, do not exceed the credit limit and keep the debt to income to credit ratio at an acceptable level. Building or rebuilding a good credit score takes time and vigilant effort, generally 12 months of responsible credit use will improve credit scores.Read more from:

No, they might actually drop.

not really and if you are carring too high a limit then a creditor thinks you can handle if can acually hurt your rating