Today as I was doing my regular banking I got a message saying that I was given an offer that per-approved my credit limit by another $8000 or so. At first I was thinking why in the world would I ever need this much credit? I usually just use it for everyday items such as groceries to take advantage of cashback rewards. I can\u2019t imagine doing something like buying a car on a credit card.<\/p>\n
The only reason that I actually even ponder about it is because technically if you have more credit then your debt ratio will be even smaller each time you use it. For myself I always pay it off fully and so that should technically make it appear on paper that I am managing my spending even better in terms of the percentage of credit I am using.<\/p>\n
On the flipside some people would say if you take so much credit then should you ever need a different type of credit then one would wonder why you even need so much or if you can manage even more. At this point for my scenario I only see it as a potential positive in the sense of a credit score.<\/p>\n","protected":false},"excerpt":{"rendered":"
Today as I was doing my regular banking I got a message saying that I was given an offer that per-approved my credit limit by another $8000 or so. At first I was thinking why in the world would I ever need this much credit? I usually just use it for everyday items such as […]<\/p>\n","protected":false},"author":1,"featured_media":6888,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_newsletter_tier_id":0,"footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[5],"tags":[1122,199,1071,21,6926],"class_list":["post-9826","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financial-management","tag-credit","tag-credit-card","tag-credit-score","tag-money","tag-pre-approved"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/www.al6400.com\/blog\/wp-content\/uploads\/2015\/04\/IMAG1042.jpg","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p6VnHC-2yu","_links":{"self":[{"href":"https:\/\/www.al6400.com\/blog\/wp-json\/wp\/v2\/posts\/9826","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.al6400.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.al6400.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.al6400.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.al6400.com\/blog\/wp-json\/wp\/v2\/comments?post=9826"}],"version-history":[{"count":0,"href":"https:\/\/www.al6400.com\/blog\/wp-json\/wp\/v2\/posts\/9826\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.al6400.com\/blog\/wp-json\/wp\/v2\/media\/6888"}],"wp:attachment":[{"href":"https:\/\/www.al6400.com\/blog\/wp-json\/wp\/v2\/media?parent=9826"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.al6400.com\/blog\/wp-json\/wp\/v2\/categories?post=9826"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.al6400.com\/blog\/wp-json\/wp\/v2\/tags?post=9826"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}