Credit Cards

How to Stay on Track with a Deep Credit Limit

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Having a big credit limit isn’t the same as having a lot of money in the bank, and that is something that many forget. Those who make a good income and have good financial habits of paying their bills on time, often times have a bigger credit limit than others. Yet, it is important to remember that using more than half of it can negatively impact your credit score, as well as hurt your financial goals.

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