Showing posts with label how credit limits affect credit scores. Show all posts
Showing posts with label how credit limits affect credit scores. Show all posts

Friday, 15 May 2015

How Your Credit Limit is Determined and How It Impacts Your Credit

You pay on a credit card faithfully and then you receive a notice in the mail that your credit limit increased. Another card that has a low balance doesn’t ever see an increase. It seems to make no sense and you’re not even sure if raising your limit is good or bad for your credit....
How Your Credit Limit is Determined and How It Impacts Your Credit