These are cues people use to determine how much status a person holds and how they should be treated. Such symbols can include possession of socially valuable attributes, like being conventionally beautiful or having a prestigious degree. Wealth and the display of it through conspicuous consumption are also indicators of status.
Benefits. However, the benefit of requesting a credit-line increase can outweigh the potential negative consequences of the credit inquiry. For example, say a consumer has a balance of $1,800 on a credit card with a $2,000 limit.This is a high balance percentage--another factor than could decrease a FICO score.any factors, such as amount of debt, number of accounts, judgments, credit line increases (and decreases), and credit inquiries affect the credit score.
Rating Newest Oldest. Best Answer: You should see your credit score increase within a month or so. The amount of increase depends on many factors. If you had a lower FICO score before, like in the 500-600 range, you can expect a more significant impact from paying down your CC debt.http://triceiver.com has some useful tips on raising credit scores and also a free FICO estimator you can try and see how much it will increase.ince you almost maxed out your CC limit, which means your debt is more than 90% of your total credit, paying down half of it will still result a 50% utilization rate. This is not good enough. You should try to lower it to below 35% on each card and also for total utilization.