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.
Generally, getting denied for a credit increase wonât directly affect your credit report or your credit score. However, while the denial itself doesnât make a difference, the process leading up to it can.Also, by not getting a credit increase, youâre missing out on the benefits of having additional credit.enerally, getting denied for a credit increase wonât directly affect your credit report or your credit score. However, while the denial itself doesnât make a difference, the process leading up to it can.