Should I maintain highest credit limit on my oldest credit card?
Date: Thu, 09/06/2018 - 23:45
Should I maintain highest credit limit on my oldest credit card? Will it help to increase my credit score?
Don't cross your credit limit
Don't cross your credit limit, it will affect your score adversely. Stay below your credit limit to maintain a good credit score.
Submitted by Sanders Patricia on Fri, 09/07/2018 - 06:13
( Posts: 1241 | Credits: )
No. You should not cross the
No. You should not cross the credit limit on your oldest credit card. Rather, you should try to maintain a credit utilization of 30%. That would help to increase your credit score.
Maintain your oldest credit
Maintain your oldest credit card with the lowest utilization ratio. Is it a high-interest card?