Periodically Request Credit Line Increases

One of the techniques I use to boost my credit score is periodically request a credit line increase from my credit card companies. The idea behind the request is that it would increase my total credit limit, thus decreasing my total credit utilization, which are two important factors in determining your credit score.

The key to this trick is to make the request and only accept the offered increases. For example, if you go to Citi and request a credit line increase, there is a chance that they will offer one without a credit history request. Each credit history and score request will count against you when it comes to determining your credit score so you’ll want to avoid those. Also, the offered increases are immediate, whereas the applied increases (where they pull your credit) will take some time to process and be approved.

So, if you’ve got some free time on your hands, go through your accounts and give the old credit limit wheel a spin!

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