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If you have a credit card with a 1000 limit. You plan to always pay your card off in full each month. What is the amount you can safely owe on your card?
Wiki User
∙ 7y ago
The only 'safe' amount to owe - is whatever you can afford to pay off each month !
Wiki User
∙ 7y ago
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What is meant by a credit limit?
Credit limit is the largest amount of money a consumer can charge on a credit card. The amount equals the amount of credit extended to a consumer. Charges over this amount are usually allowed, but expect to pay an "over-the-limit" fee.
What is the maximum amount you can charge on a credit card?
Credit Limit
What is maximum amount you can charge on a credit is called?
your credit limit
What is credit limit in credit card?
Credit cards are open ended accounts. The issuing bank has a limit as to how much can be borrowed against the account. The top amount is the credit limit.
The maximum amount you can charge on a credit card is called?
Credit Limit
What is meant by a credit limit?
Credit limit is the largest amount of money a consumer can charge on a credit card. The amount equals the amount of credit extended to a consumer. Charges over this amount are usually allowed, but expect to pay an "over-the-limit" fee.
What is the maximum amount you can charge on a credit card?
Credit Limit
What is maximum amount you can charge on a credit is called?
your credit limit
What is credit limit in credit card?
Credit cards are open ended accounts. The issuing bank has a limit as to how much can be borrowed against the account. The top amount is the credit limit.
The maximum amount you can charge on a credit card is called?
Credit Limit
What is the maximum amount you can charge on a credit card called?
Assuming you mean as a customer - that's called your credit limit.
The amount above what you owed but below your credit limit is called what credit?
unused credit
What is the dollar amount limit you can access on a home equity line of credit?
amount depends on your credit score and the amount of equity you have in your home.
What amount of credit can be use monthly on a 455 credit limit credit card?
you should only utilize 35% of your credit line
What must you always do if you use a credit card?
If you use a credit card, you must always pay off the total amount due each month. You must not exceed your credit limit. Purchase only from reputable and known online companies. Always keep your credit card at safe places. All these are for you not to go bankrupt and to prevent fraud.
Should you always go over the speed limit when trying to pass a car safely?
no
What is a credit card limit?
it is the maximum amount of money you can spend on a credit card, and it is all based on your credit rating and income.
