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If the bank has increased you line of credit and you don't want it that high is it best to lower it or keep the higher line of credit what are the Pros and cons?
Wiki User
∙ 16y ago
If you think you can control youself (be honest to yourself about this) then its best to leave it where the bank put it. It will raise your credit score if you have a bigger gap between available credit and credit being used...the ideal amount is about 30 percent. Again, if you think you can control youself, its best to leave it, if not then you can have them lower it.
Wiki User
∙ 16y ago
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