# How do I increase my credit line?

Category: Borrow
Source: https://strike.me/support/how-do-i-increase-my-credit-line/

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Credit limit increases are only available for the line of credit. You can’t increase term loan amounts after [opening](/support/how-do-i-borrow-against-bitcoin).

Repaying [principal drawn](/support/how-do-i-draw-from-my-line-of-credit) from a credit line immediately frees up available credit. You can **add collateral** to increase your available credit without making repayments.

If the price rises, you can also **manually increase your available credit** without posting more bitcoin. When the bitcoin price drops, the amount you can draw from your credit line is automatically decreased to prevent you from borrowing more than [70% of your collateral value](/support/how-do-margin-calls-and-liquidations-happen).

You can increase your total credit line to a maximum of $250,000. Contact [Private](/private) to go higher.

Increasing your credit line resets the 60-day hold period before you can [close your line of credit](/support/how-do-i-close-a-loan-or-line-of-credit) or [retrieve collateral](/support/can-i-retrieve-collateral-from-an-open-loan-or-line-of-credit). During this period, you can [repay your outstanding balance](/support/how-do-i-pay-interest-or-repay-principal#how-to-repay-principal) to stop [interest accrual](/support/what-are-the-interest-rates-for-borrowing-against-bitcoin).

From Strike's help center — https://strike.me/support/