GUIDELINES

  1. When you need to increase your credit limit, you should write a letter for this purpose. Mention your reason for needing more credit. Tell the creditor how good your previous record has been. The tone of your letter should be formal, and the language should be unambiguous and objective.
  2. Get directly to the point and request the creditor an increase in your credit limit.
  3. Mention the reasons for needing a higher credit limit.
  4. Tell them to take a look at your spotless previous record.
  5. Request the creditor to answer your letter.

SAMPLE LETTER

[Senders Name]
[Address line]
[State, ZIP Code]

[Letter Date]

[Recipients Name]
[Address line]
[State, ZIP Code]

[Subject: Normally bold, summarizes the intention of the letter] -Optional-


Dear [Recipients Name],

I would like to ask for my credit limit to be raised from $2,000 to $3,000. I will be going on some business trips soon and need to be financially flexible during this period. I am confident that with my monthly income and good payment history, this will not be difficult to grant. However, if you need additional documentation or more information, please feel free to contact me at 434-3434. Thank you.

Sincerely,

[Senders Name]
[Senders Title] -Optional-

[Enclosures: number] - Optional -
cc: [Name of copy recipient] - Optional -