Tag: credit limit
Credit limits don’t just affect how much you can charge on a credit card. Besides giving you more earning potential, high credit limits can make it easier to achieve a good credit score. Of course they can also bring on serious problems with debt. We help you understand how credit limits impact your finances and how you can use credit limits to your advantage.
Sep 29, 2009 | April Lewis-Parks
Because credit cards are harder to come by, some shoppers may cut back spending in order to avoid debt problems.
Aug 21, 2009 | April Lewis-Parks
Though credit limits have dropped, many borrowers aren't seeing an effect on their credit scores.