Does Going Over My Credit Limit Affect My Credit Score? (Experian)
Although it’s possible to go over your credit card’s limit, it’s not recommended when you want to create and preserve excellent credit scores. Exceeding that limit affects your credit utilization ratio, which measures how much of your available revolving credit you’re using. To keep your credit scores high, your credit utilization should stay low. Technically, a credit limit[1] is the...
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