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Glossary and terms about credit cardsHome » Credit Card Glossary
Credit Limit
It is the maximum amount of money one can borrow on his credit card. Depending on your credit history and relationship with the credit card issuer, the credit limit can be increased or decreased.
Low credit utilization -- that is, a credit limit on which little has been borrowed -- leads to a higher credit score. Credit limit is also known as a credit line.





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