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For working capital requirement exceeding Rs 100 lacs, the financial data is to be submitted to the bankers as per CMA format. Whether the cut off limit stated above is correct?

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Q: What is cut off limit for credit monitoring arrangement?
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Once you have completely paid off credit card debt should you throw away your credit cards or will this mess with your credit?

If you feel it absolutely necessary to "throw your card(s) away" after paying them off, I suggest to just cut the card, and toss. However, DO NOT, DO NOT close your credit card account! Why, you may ask . . . one of the things that effects your FICO score is your credit history with the credit card company. Another factor is the debt ratio. For instance, if you have a $2000 credit limit, and you have no balance on your card, that will positively affect your FICO score. But, on the same token, if you have a $2000 credit limit, with a $1500 balance on the card, that will reduce your FICO score.


What is the procedure to Surrender a credit card?

You can simply write to the credit card company and close your account. Then you can cut up your credit card.


How can credit cards hurt you?

if you sharpen it it could cut you and cause you to bleed


Is eliminating a credit card bad for your credit?

Yes. Eliminating a card will hurt your credit, not help it. If you have to get rid of a card, cut it up and stop using it, but don't cancel it.


Can you designate an authorized user on your credit card to improve her credit rating but make sure she makes no charges?

It depends who your card is with. Some card companies let you add someone and any charges they make will be added on to your balance. Some companies let you have a card with an entirely separate credit limit for your authorised user (but you'd still be liable for the bill). You could do it but cut up the card when it arrives but usually to add an authorised user, they would also need to pass a credit check.

Related questions

Once you have completely paid off credit card debt should you throw away your credit cards or will this mess with your credit?

If you feel it absolutely necessary to "throw your card(s) away" after paying them off, I suggest to just cut the card, and toss. However, DO NOT, DO NOT close your credit card account! Why, you may ask . . . one of the things that effects your FICO score is your credit history with the credit card company. Another factor is the debt ratio. For instance, if you have a $2000 credit limit, and you have no balance on your card, that will positively affect your FICO score. But, on the same token, if you have a $2000 credit limit, with a $1500 balance on the card, that will reduce your FICO score.


What is the art of decorating using an arrangement of three-dimensional paper cut-outs?

decoupage


Hvac limit switch?

limit switch on hvac used to cut off low voltage on heating when system over heat limit


What is the procedure to Surrender a credit card?

You can simply write to the credit card company and close your account. Then you can cut up your credit card.


Why is there a limit to the number of papers you can cut at one time?

the die can only cut through five paperrs at a time


What is the side of a cut jewel called?

The side of a cut jewel is called a facet. Facets are flat, polished surfaces that are cut into a gemstone to enhance its brilliance and sparkle. The number and arrangement of facets can vary depending on the cut of the gemstone.


What do you call it when you cut up your credit cards?

plastic surgery


What is the main role of limit switches?

The main role of limit switches is to cut off the power to machinery when it reaches the extent of movement that is safe. An example of this is if an elevator went too high or too low for safety measures, the power would be cut off because of the limit switch.


What is limit switch?

A switch designed to cut off power automatically at or near the limit of travel of a moving object controlled by electrical means


What is the cut off limit of human eye to see?

The human eye has the resolution of 0.1mm... so the cut of wavelenght will be 10^5nm


How can credit cards hurt you?

if you sharpen it it could cut you and cause you to bleed


Is eliminating a credit card bad for your credit?

Yes. Eliminating a card will hurt your credit, not help it. If you have to get rid of a card, cut it up and stop using it, but don't cancel it.