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Old 12-30-2006, 07:38 AM
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Increasing your limit can also help. When deciding your credit score, the credit bureaus look at the percentage of credit you have used overall versus your available credit and at the available credit on each card.

So if you have a $300 credit limit and you have $290 on it, that card shows as 97% usage. If that limit is increasd to $1000 you're now only using 29% of your credit limit.