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If you go over your credit limit, you credit company will charge a fee and report your overage to the major companies that track your credit score. It is wise to watch spending the and never go over your limit.

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10y ago

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How far over your limit will the credit card company let you go?

Because the credit card industry is a big business, most of their money is made off of credit card fees. Any given credit card will allow a customer to go over the limit just to ensure that a 'over the limit' fee is charged. This 'over the limit' can lead to a higher annual percentage rate and late fees. If you are any where near your limit, refrain from any new charges that could put you over the limit. Include any 'blocked' amounts in the balance.


What if you have a credit card can you go over the limit?

This depends on your credit card company. Some companies will simply refuse your charges if they will put you over the limit. Others will allow the charge and then fine you for going over the limit. Of course, no company allows chages for hundreds of dollars over the limit but if you have a good record some will allow you to go 5-50 dollars over the limit but it is important to remember that if you do you will pay a fee.


How much over the credit limit can you go on capital one?

One billion dollars.


Can I pay my son's credit card with my credit card?

Yes - so long as you don't go over your own limit.


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.


Julia charged 612 to her credit card The cost of her next purchase caused her to go over her credit limit of 2000?

500


What happens when you go over the limit for money in Plants vs Zombies?

Nothing you get stuck at 999,990


Can you use a prepaid credit card at a restaurant?

Yes, but only if you don't go over the limit and you have made sure they accept credit, but otherwise it makes no difference!


What happens if you go over the allotted mileage on a lease agreement?

If you exceed the mileage limit on a lease agreement, you may have to pay additional fees for each mile over the limit.


What happens if you go over the mileage limit on a lease?

If you exceed the mileage limit on a lease, you will typically have to pay an additional fee for each mile over the limit. This can result in extra costs at the end of your lease term.


400 dollar limit on credit card go over credit score?

It should be reported effecting your score, also balance on it can either improve or reduce your score.


How many points will your credit score drop if you go over your credit limit?

Make sure that you stay below 30% of the credit limit if you want to have a decent credit score. There is a scoring module that Credit Reporting Agencies go by that we as the consumers don't know about. I will tell from experience that your score could decrease anywhere from 10 - 20 points from each bureau that your account is being reported with.