A frontal boundary draped from the Mid-Atlantic to Texas will continue to focus showers with the potential for locally heavy precipitation. A new active storm pattern will bring rain with mountain snow to the west. Pacific storms moving into the Central U.S. this week will bring showers and thunderstorms to the northern states. Read More >.
Use Less Credit. While you can lower your credit utilization by increasing your credit limit, you can also attack the other side of the issue. If you have 40 percent utilization due to a $1,000 balance and a $2,500 limit, spending or owing less on your credit card will have the same impact as raising your credit limit.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. Also, by not getting a credit increase, youâre missing out on the benefits of having additional credit.
The less available credit you use -- or the lower your credit utilization rate -- the better. So if you have $500 in credit card debt and a $1,000 total credit limit, your credit utilization ratio is 50 percent.However, if you open another card account, which raises your total credit limit to $2,000, your credit utilization ratio drops to 25 percent, which could help your score.our payment history makes up 35 percent of your FICO score and is the most influential factor in your VantageScore. If you're making late credit card payments -- or not making payments at all -- your score will suffer. But if you always pay your bills on time, you can give your score a boost.