So in all, for banks to determine credit worthiness.. higher credit limit is good?
Does higher credit card limit good?, Ccris and credit score
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 Apr 16 2019, 01:37 PM
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#1
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970 posts Joined: Jul 2016 
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Apr 22 2019, 11:39 AM
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#2
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QUOTE(Ultima @ Apr 17 2019, 08:27 AM) It is good. Convenience is 1 thing, but as far as credit worthiness by banks go, is higher credit limit good?Very convenient especially when u r buying stuff with easy payment plan 0% interest  |
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Apr 29 2019, 04:02 PM
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#3
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QUOTE(touristking @ Apr 28 2019, 05:27 PM) In advanced country, if you don't have card and only cash, they think there is something wrong with you. May be a drug dealer. So go get a card Errr even mom and pop roadside stall pun cashless? |
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Apr 30 2019, 11:46 AM
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#4
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QUOTE(status quo @ Apr 23 2019, 02:14 AM) i just succesfully increased my limit prrmanently from 5000 to 7500. This answered my question. Thanks!reason is because i had to buy a lot of furniture for my new home. EPP 0% installment is a convenience, but it will reduce your credit limit. in US, having higher credit limit is good because their rating system got something called "credit utilization". the lower your percentage is better. but in malaysia our ctos and ccris do not care for that. they only look at payment habit and outstanding balance. just my 2 cents. |
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