Sponsored Links
Why Do Credit Card Issuers Set Limits?

February 28, 2018

When applying for a credit card, it can be both exciting and stressful as you wait to learn your credit limit. Some issuers provide this information the instant you’re approved, while others opt to share your limit in the letter that includes your actual credit card. There are two primary reasons why your credit limit is so important: Your limit impacts your buying power Your limit impacts your credit score, as 30 percent of your score is the ratio of
Continue Reading »