To determine your eligibility for a credit limit increase, Marcus uses your updated revenue and your historical performance, among other factors, to determine if you qualify for an updated credit line.
Will this affect your credit score?
Although your consumer credit score is not affected during a credit line increase request, applying multiple times within a short period of time will not change the outcome.
Can your credit limit decrease as a result of the credit limit increase request?
We will not be reducing any current lines of credit as a result of this request.
Can you volunteer what you'd like your credit limit to be?
No, we do not support a consumer’s request for a specific line and will not take it into consideration. We will review and determine if a higher limit will be granted.
When/how will you be informed of the decision?
Requests to increase your credit line are reviewed on an individual basis. We know this is important, and requests are processed as quickly as possible. Once your request is considered, we will send you a communication (via email or mail, depending on the communication preference) with our decision. If your request is approved, this communication will contain the amount of your new credit limit.