Do they increase your limit?

[Brimstone111888]

Just so everyone knows, an increase of a credit limit isn't a sign for a big spending spree.

It's a test to see how you handle credit. If you go over half your limit, it starts to hurt your credit score. If you max, it really hurts you. If it's raised, then you max again, it REALLY hurts you.

You'll find out when you go buy a car or house or something when they want to give you an astronomical interest rate.

What people who offer credit really like to see is you not using the rope they give you to hang yourself with. They like to see a high credit limit and a low amount used (as well as paying at least or more than the minimum every month so it'll show good credit history).

So best bet, though I think I'm too late, is pay off what you've already bought in May, THEN buy your morphs and pay on it all year until your next "slip and fall" payment.

Is that true? I'm curious where you are getting that info from, because I have almost a perfect credit score and my cards are always past half, but I always pay on time and never the minimum. Thank you.