Credit card limits can be mystifying and feel arbitrary. For example, you may be approved for a card with a $7,000 limit, but your friend receives a $10,000 limit despite having similar credit ...
If you're hunting for a credit card that can handle serious spending power -- think $30K, $40K, or even more -- the right card choice really matters. Important note: Income, credit history, and your ...
Unexpected lowered credit limits can harm your credit score, but there are steps you can take to mitigate the damage.
Getting approved for a higher credit card limit is exciting. When you’re given access to a high spending limit, it’s tempting to take advantage of that access. If your creditor thinks you can handle ...
There are a few cases when your card's credit limit is a big deal. For instance, when you're first starting out, you may get some pretty low limits. This may mean making multiple payments a month to ...
“I’m wondering whether this could cause a ripple effect in which other banks might do the same with my lesser-used credit ...
Your credit limit can be slashed without warning, even if you've never missed a payment. Here's why it happens and how to protect your credit score.
When it comes to credit utilization, the closer you are to zero, the better it is for your credit score. Dvorkin notes that a ...
Credit card debt isn’t just about how much you owe. What matters is how close you are to your credit limits—and how hard it is to pay that debt off with the income you have. Freedom Debt Relief looked ...
Most business owners discover their credit card limit at the worst possible moment. The payment gets declined during an equipment purchase, or they can't book last-minute travel for an important ...