Question about credit cards

[luckyluchiano]

Is there anyway to transfer your credit lines to another card? I`m not talking about balance I mean actual line of credit if that makes sense.

Ex. Say I have 5 credit cards with 10 dollar lines of credit on each one for a total of 50 bucks. I want to take 3 of the cards limits and transfer it to one card totaling out to give me a credit line of 40 dollars on 1 card. Get what I`m saying??

I pretty much want to lower the amount of cards I have, because I`m sure it hurts you if your utilization is 0 on a card, right?

 

[luckyluchiano]

Is there anyway to transfer your credit lines to another card? I`m not talking about balance I mean actual line of credit if that makes sense.

Ex. Say I have 5 credit cards with 10 dollar lines of credit on each one for a total of 50 bucks. I want to take 3 of the cards limits and transfer it to one card totaling out to give me a credit line of 40 dollars on 1 card. Get what I`m saying??

I pretty much want to lower the amount of cards I have, because I`m sure it hurts you if your utilization is 0 on a card, right?

 

[golfalphabravoecho]

I've never heard of that and I'm assuming that there aren't any will take your available credit limit and apply it to their card. Reason being that each organization has their own way of calculating your credit risk.

 

[golfalphabravoecho]

I've never heard of that and I'm assuming that there aren't any will take your available credit limit and apply it to their card. Reason being that each organization has their own way of calculating your credit risk.

 

[luckyluchiano]

understandable

 

[luckyluchiano]

understandable

 

[supersaiyan415]

I think it only hurts if your total limit gets lowered. Leaving it at zero just has the possibility of closing the account due to inactivity.

 

[supersaiyan415]

I think it only hurts if your total limit gets lowered. Leaving it at zero just has the possibility of closing the account due to inactivity.

 

[luckyluchiano]

Originally Posted by SuperSaiyan415

I think it only hurts if your total limit gets lowered. Leaving it at zero just has the possibility of closing the account due to inactivity.

lol your limit can get lowered?

 

[luckyluchiano]

Originally Posted by SuperSaiyan415

I think it only hurts if your total limit gets lowered. Leaving it at zero just has the possibility of closing the account due to inactivity.

lol your limit can get lowered?

 

[solematic j21]

I put a limit to my credit card cause i know i was going to go crazy with it and be on debt. I regret doing it though, i need to pay the one i have now and get me another one.

 

[solematic j21]

I put a limit to my credit card cause i know i was going to go crazy with it and be on debt. I regret doing it though, i need to pay the one i have now and get me another one.

 

[supersaiyan415]

sorry i kinda skimmed through your post and thought you were talking about balance. why dont you call the cc company you want to keep and ask them to raise your limit and pay off the rest and cancel? as a customer you should have some leverage in negotiations if you know what youre doing.

 

[supersaiyan415]

sorry i kinda skimmed through your post and thought you were talking about balance. why dont you call the cc company you want to keep and ask them to raise your limit and pay off the rest and cancel? as a customer you should have some leverage in negotiations if you know what youre doing.