Posts tagged Credit card utilization
What Is a Good Credit Limit?

Your credit limit and what is a good credit limit for you are going to be based on what the issuer thinks you can repay responsibly, determined by your current credit score and income. When you are applying for a credit card and getting an initial limit, or asking for an increase, there will be factors including your credit score, monthly income, monthly mortgage or rent, existing credit balances and lines, employment history, and address history.

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