News

Freedom Debt Relief reports credit card limits aren't keeping pace with debt, stressing residents in Kentucky, Alabama, and ...
Nearly 40 million Americans are unemployed, and the economy is rocky. As a result, credit card issuers are making changes, including cutting people's credit limits. Here's what to do if your ...
Therefore, it’s understandable that you may be grappling with disappointment if you qualified for a lower credit limit than you hoped for or needed on your new credit card.
So before you seek a credit limit change, it’s important you understand just how the issuer decides your limit, the best ways to ask for an increase and the potential benefits and downsides of ...
Put simply, a card with no preset spending limit just doesn't show a fixed credit limit on your statement. It still has a limit -- just a flexible one that adjusts based on your income, payment ...
Chase cardholders can request a credit limit increase by phone, but increases may also happen automatically. Learn more with Forbes Advisor.
If you received a letter like this, or if you logged in and noticed your credit limit was suddenly lower, you're probably wondering what's going on. Here's why this happens and how it could affect ...
A $50,000 credit limit sounds great, but it's not always worth chasing. Here's what it really means -- and when it makes sense to aim that high.
The Tribune Editorial Board’s argument against lowering Chicago’s speed limit from 30 mph to 25 mph (“Drive safe, but we don’t need a blanket speed limit change. Alders should vote no on ...
Credit utilization is the amount you spend each month on your credit card compared to your credit limit. If your credit limit is $10,000, you should spend less than $3,000 on the card monthly.
Your credit limit — that is, the maximum amount available for you to spend using a credit card — is usually a mystery until after you get approved for a new credit card. Therefore, it’s ...
If you were assigned a lower credit limit than you expected, canceling your new credit card means you’ll have taken a hit to your credit score without anything to show for it.