I just realized BoA increased my credit card limit by 1K. Does this mean I have good credit, or I'm in good standing or something? I'm just curious, since they didn't even let me know or anything.|||Discover sent me a letter raising my limit. Like I would care.
That just means that you've been paying in full and you are not making them any money. They want you to charge more, so you get stuck in the interest paying trap.
It's good for your score to have the higher limit. Use only 30% of it for top notch credit each month. /|||It means you can go further in debt if you want to.|||They just want you to spend more money. Don't get sucked in by them.
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