(no subject)

[which_chick]

The nice people at Chase (my credit card company) have sent me the happy news that they've jacked my credit limit to the point where it is within a few hundred dollars of being what I get paid in a year.



Maybe it's a matter of perspective. Perhaps I don't know what things look like for other people.

If you would, participate here in a little consumer-credit survey for me. Gather up all your plastic (visa, mastercard, store cards if you have any), find out the limits for same, total 'em up, and divide by your pre-tax income to get the percentage. For example, if you have 45,000 in assorted credit card credit lines and your actual gross income (before taxes) was 34,000, then you have 132% of your income in credit line. I don't want to know how much you make or how much your credit line is. I want to know the relationship between the two.

It's quite possible that I'm sort of stick-in-the-mud, here. Maybe I'm reactionary. Possibly everyone has a hundred per cent of annual income in plastic. Might be that I'm on the low end by way of having only one plastic. Let me know.

In addition, it would seem that I am not spending enough on my plastic. (Buh?!?) Chase has now mailed me twice about how I should make all (my) plans a reality. They're promising me the freedom to follow through on purchases (I've) been putting off. Well. Isn't that special! :)

Comments

[ksleet.livejournal.com]

I have about 33% of my annual income available as credit. However, I've never made any effort to get more credit than the one single card I've had since college.

[fooliv.livejournal.com]

The thing is, the single card you have since college, is probably one of those sucker-bait cards like the one I had from MBNA for a decade or more. They just keep rolling up the credit available on those suckers, unless you're totally inactive or defaulting.

Either you make a truly scary amount of money, or they have somehow overlooked you in their "automatically pump his credit into the stratosphere" database.