Should I increase my credit card limit to raise my credit score?

Tips and Deals Forums Consumer Credit Improve Credit Should I increase my credit card limit to raise my credit score?

This topic contains 0 replies, has 1 voice, and was last updated by  Anonymous 7 years, 11 months ago.

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    Anonymous

    I currently Have a Platinum Mastercard with no balance on it, and I want to keep it that way using it for only small purchases. My credit line is for $ 10,000 as of now, should I increase my credit line to $ 20,000 and keep no or a minimal balance on it to help my credit score. Will that be beneficial to raising scores and receiving good interest percentages on home loans and car loans in the future? I really just want to have the best score possible to save the most money later in life.

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