[sarah4554]

Did you know that one way to improve your credit score is to ask your credit card company for an increase in your spending limit. If you have debit of $2,000 on a card and your spending limit is on $2,500 it hurts your credit. But if you have a debit of $2,000 and ask your credit card company to increase your credit cards spending limit to $5,000 your credit score increases.

A third of your credit score is based on debt-to-credit ratio.

I always thought that a high spending limit hurt your credit score because it represented potential debt.

Did you know this? What are your thoughts on this? Doesn't it seem a little odd that the more potential debt you have the better your credit will be?