What is the fastest way to increase the credit line of a credit card?

I've come to understand that using the card and paying it off, or paying minimum payment doesn't do much for your credit score in general. What I'm curious about is what the optimal balance on the card and payment made would be to increase your credit rating and credit line.|||You may want to consider a loan to increase your credit rating. Make it a small Loan that you can handle. Also I would check out myFico.com and look for the simulator to give you good ideas. Paying on time every time makes the biggest difference to your credit.





If you just want to increase your line of credit call the number on the back of your card and ask them to increase it.





Hope this helps|||Actually paying off the balance every month should be the fastest way to raise your credit line. Showing the card company that you can easily handle that amount of debt. However, the main way credit card companies make money is by people who hold balances. So in reality the paying MOST of the balance off every month, allowing them to keep just a tad of interest, might be a good way to increase it as well..''





A Credit card companies ideal customer is someone who charges alot, but pays off good chunks of there bill every month but still leaving a small balance. Like for example If your credit line 1000.. I would charge up like 700-800 a month and then pay half of it off.. allow them to keep the 3-4$ a month in interest..





Whenver your income increases you should file for a credit line increase with the company, because as your income goes up your credit line should also.|||Paying it off is totally fine. Whoever told you that doesn't know what they're tlakinga bout.





The only thing that matters is that you maintain a low balance (under 30%) and you pay on time each month. That's the "optimium" thing to do.





Your credit rating is your score. Your credit line is the total limit on your card-- two different things. If you maintain a low balance and pay on time each month for 6 months or more, call and ask for a credit limit increase.|||For many consumers, not having any credit history can be just as bad as having bad credit. If you have no credit history you may be in credit limbo, with potential creditors turning you down for credit because they don't have any way of knowing your level of credit risk.





Luckily, if you find yourself stuck between a "rock and a hard place" in regards to your credit, there are many things you can do to build a solid credit record. Many of these things are similar to what you could do if you had bad credit.





If you have lived in the same home for at least a year and held a job for the same period of time, you may qualify for small lines of credit with department stores and other businesses within your local community. Make sure these businesses report your account information with the three national credit bureaus or you will be wasting your time using their cards to build your credit.


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