UnThreaded | Threaded | Whole Thread (13) | Ignore Thread Prev | Next
Author: terz Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 308478  
Subject: Re: WHY would they bother??? Date: 5/23/2001 11:43 AM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
<<This response raised a question in my mind. Will these high limits (even though no balances are carried) affect your ability to get a mortgage?>>

* * * * * * * * * * * * * * * * * * * * * * * * * * * * * *

Yes, the high limits maker you a higher credit risk. Techinically, you could max out those card within a short time. I have 2 credit cards and have instructed both companies not to raise the limit without my permission.
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (13) | Ignore Thread Prev | Next

Announcements

TMF Credit Center
The Motley Fool Credit Center arms you with real tools and simple messages, that will help you in every credit situation.
Post of the Day:
Berkshire Hathaway

Starting a Small Business
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement