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7. Raise your Borrowing Limit by Opening Brand Brand New Bank Cards

7. Raise your Borrowing Limit by Opening Brand Brand New Bank Cards

One method to reduce your credit utilization prices is through trying to get another card. This yields an inquiry that is hard which reduces your credit rating in the short-term, nevertheless the added credit quantity will boost your rating within the long-lasting.

This, in change, assists your credit fix efforts and offset bank card quantities that exceed the 30% suggested limitation by upping your credit that is available restriction.