How To Increase The Credit Card Limit And What Are Its Benefits
1 year, 4 months ago

How To Increase The Credit Card Limit And What Are Its Benefits

News 18  

There is a growing trend of using credit cards these days. 3. Credit Utilisation Ratio : The CUR states that if your credit card limit is up to Rs 2 lakh, out of which you have spent Rs 20,000, then your CUR will be 10 percent. You can request that the bank increase the credit card limit. Sometimes, seeing the correct use of your credit card, banks also offer to increase the credit card limit. A higher credit card limit means you never have to postpone your purchases.

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What is a credit card limit and why is it crucial for your finances?
2 weeks, 6 days ago

What is a credit card limit and why is it crucial for your finances?

Live Mint  

Credit limits in credit cards greatly impact your money decision making. If you've never used a credit card before, you're likely to have a small limit initially, which you can increase by using it responsibly. Benefits of higher credit limit Better credit utilisation ratio: A bigger limit results in better credit scores because it decreases your utilisation percentage. In conclusion, …

Do You Exhaust Your Credit Card Limit? A Look At The Disadvantages
1 year, 4 months ago

Do You Exhaust Your Credit Card Limit? A Look At The Disadvantages

News 18  

Most people use credit cards to manage their expenses these days. Some people run all their expenses with a credit card because it helps them keep track of their expenses every month. Are you one of those people who spend the entire credit card limit every month? Maintaining a low CUR can improve your chances of increasing the credit limit …

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