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Q: How much good does a 300 dollar credit limit do to your credit score?
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How is someone's credit card limit determined?

Someone's credit card limit is determined by examining their credit score. Typically, one who has good credit will receive a much higher credit card limit than one who has a bad credit score.


How can I improve my changes of getting approved for a credit card?

You can start by never paying over your limit on a credit card. You will have a good credit score that way and will always be approved. If you do go over your limit and fail to pay back the debt in time, your credit score will get worst.


Are the odds great if you don't have a great score but have paid this particular card always on time that they won't lower your credit limit?

If you pay credit card 1 on time and are never late, but your overall credit score is poor, are chances good that they won't lower the credit limit on credit card 1


On a credit report is the credit score affected when the recent balance exceeds the original credit limit amount?

yes it does i have the same problem and i checked my credit report and it was not as good because of that. they only give you a limit of so much and when you owe them more then what they gave you then that means you went over the credit limit.


How good is an 869 Credit Score?

How good is an 869 credit score?


Is the credit score of 583 a good score?

583-619 is bad credit score in credit score range


What is a good range for a credit score?

Good credit score ranges between 680- 750 and above this range credit score is considered excellent. Check your credit score regularly to get an idea about your credit score regularly.


Can a car loan help your credit score?

Yes it can if you keep the payments up, on time. Your bills for rent, electricity, phone and so on are also a big part of your credit score. Your credit score can be a little complicated but, for the most part, if you pay your bills on time your credit score will be a good one. Probably the most complicated part for average people is a credit card. If you have a credit card and your balance always runs pretty close to your credit limit, your credit score will be lower. On the other hand if you owe 10 to 15 percent of your limit it shows that you know how to manage your credit.


Is credit score 606 good?

A credit score of 606 is considered a good credit score. 680 and above is considered an excellent credit score. A good credit store is important if you need to acquire financing for a car, home, or business.


Is 696 a good credit score?

Yes, a 696 is a very good credit score. The higher the score a person has the better chance to get credit.


Is 776 good credit score?

yes 776 is a pretty good credit score.


What does a 667 credit score mean?

I dont know what exactly 667 is but a credit score is rated on how good your credit/debit card use is, EG: your credit score is Good