))
Impact of credit limits on credit scores
Manage episode 361053418 series 3463462
Content provided by Shivansh. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Shivansh or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
Credit limits can impact credit scores through the credit utilization ratio, length of credit history, credit mix, and new credit. High credit limits can positively impact credit scores, but opening too many new accounts with a high limit can have a negative impact. It is important to manage credit limits responsibly and maintain a low credit utilization ratio to improve credit scores. Read More: https://cardinsider.blogspot.com/2023/04/impact-of-credit-limits-on-credit-scores.html
19 episoade
Distribuie
