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Credit limit

What is a good credit limit?

Unfortunately, credit card issuers rarely publish their credit limit ranges. In most cases, you won't know what credit limit you will be getting until you apply and get approved. Although these ranges vary from map to map, the type card…

Definition of credit limit

What is a credit limit? The term credit limit refers to the maximum amount of credit that a financial institution gives to a customer. A lending institution extends a credit limit on a credit card or line of credit. Lenders…