I recently did a debt consolidation loan at almost 12 points lower interest rates than the credit cards and am paying off that loan at almost 1.75x the monthly minimum. My payments with interest on the cards were almost double the loan with higher interest rates.
My question is my fico score went from 630 up to almost 725 in the 45 days or so after paying off all the credit cards.
Is it appropriate to try and increase my credit limits on these cards now? Would that be a good thing for my credit score or would that be a bad thing?
Submitted September 12, 2021 at 11:16AM by spikedzombies https://ift.tt/3nu73Ds
