Always had a problem with bank when applying for a loan in regard with credit cards limits. I always pay of the full amount at the due date .. just use for the 55 day free use of their money and freq flyer points but they want to use the full or near credit limit as a liability., as we all know. Been trying to come up with a win win with them. Just hit on an idea . buy shares (blue) just before applying for a loan.. then the limit becomes an asset ( ie both)and after approval sell the shares hopefully before the free days run out. everyone happy. Hell might even make some $$$ in the share market (or loss) . What do you think ???
Peter_C
Peter_C