Credit line increase on credit cards

[Steve Sapowsky]

Obviously you shouldn't lie ;). That being said when requesting a credit line increase for a credit card and they ask for your annual income obviously the more the better, but what about monthly rent or mortgage is it better to give a lower number for that category? Also when they ask how much do you spend monthly with credit cards, is it better to report spending more or less? In other words what information would one need to provide on these specific topics in order to maximize the credit line increase?

[Scott Trench]

Seems like this is a fairly high risk, low reward question. If we are running sound personal financial positions, we should probably not rely on credit to run business or personal finances. 

On the other hand, it's great to have as much credit as possible, to expand our options. It's the ability to access it when opportunity presents itself that counts. To that end, it seems to me that slow and steady wins the race.

I just focus on increasing my income and reducing your expenses, while making regular payments. I then regularly request increases every 6 months or so. A year or two into doing this and I have access to tens of thousands in credit. I think that cheating the game to get a mall short-term boost is really not worthwhile, in my opinion.