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Credit limits are the maximum you are allowed to owe on the card at any one time. You can request a credit limit increase. If you do, the card issuer checks to see if you owe money on other loans and credit cards before giving the increase. Why do you think the card company does this?

User Solefald
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Credit card companies check your credit history before approving a credit limit increase because they want to assess your ability to repay the additional credit.

Why do Credit card companies check your credit history before approving a credit limit increase?

They want to make sure that you are a responsible borrower and that you are not likely to default on your payments.

They might also want to check the Payment history because It shows whether you have a history of making your payments on time.

In general, credit card companies will look at your overall debt-to-income ratio, payment history, and credit score when deciding whether or not to approve a credit limit increase.

User Arugin
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