Credit Card Limit Increases: What are the Pros and Cons?
On the surface, credit card increases may seem more rewarding and have its benefits, but could it end up hurting your credit? Listed below are the pros and cons of increasing your credit card limit.
Pros of a Credit Limit Increase
Cons of a Credit Limit Increase
When deciding to agree to a credit card limit increase, it is important to balance the pros and cons before making any final decision and to focus on what type of card user you are and what you can handle. For additional guidance in deciding which credit card is best for you, check out our Credit Card article.