Providian Increased My Credit Limit
I just noticed Providian has increased my credit limit on the Providian Visa card from $3,000 to $4,500. I never received a notification of that change, but maybe a notice is on its way. It's around six months after I opened this account, so it is may be a semi-annual automatic adjustment.
While it is good for adding to my emergency cash availability, I'm not going to use it as my primary card. The interest rating is simply too high, and it does not offer any rebates or other incentives. I'll still use it one every one or two months, just to use it as a credit score enhancing tool.
Here is my current inventory of credit lines:
1st Tech Visa Platinum $5,000
Providian Visa $4,500
NetBank First USA $3,000
ShareBuilder Visa Platinum $3,000 (1% rebate)
MBNA MasterCard $6,500 (1% rebate)
Credit Line Total = $22,000
In the latest installment of my monthly score update from ELoan, I received a score of 649, or 1 point below last month's number. Main factors affecting the score is still my length of credit history, and credit usage (especially my ShareBuilder Visa Platinum card ... Read
I just noticed that MBNA silently increased my credit limit by $500 to $7,000. I don't find much use of the additional $500 limit, and it barely moved up total available credit line by 2.3%. Here is my current credit line inventory: Read
Eloan gave another monthly update of my credit score. My score declined from last month's 663 to this month's 650. This is mostly due to my intent to keep a high balance in my ShareBuilder Visa Card to enjoy the full benefit of 12 months ... Read
I just received my monthly credit score update from eloan.com. My recent credit score (October 23) was 663, or higher than 35% of US consumers. Read
