If my credit card limits are being cut, should I max them out?

fussilet

Üye
Yönetici
If my credit card limits are being cut, should I max them out?

A: I can only imagine what the thinking is behind this question. I can only guess that the cardholder is trying to preserve his or her credit limit. Assuming that somehow worked, the credit score would take a big hit, since the card would be completely maxed out. What's more, as the cardholder pays down the balance, there's nothing to stop the lender from slashing the limit. If you're not familiar with "chasing the balance," I'd recommend that you read this (link here). Max out your credit card at your own peril. It's not something that I would recommend.
 

[TB] Benzer konular

Üst