That way, they didn't bump up
against credit limits from banks that might be too small to keep up with their accelerated, capital - intensive plans.
Plus, if someone spends money using your credit card, the money isn't automatically removed from your checking account, it just
counts against your credit limit.
A secured credit card is a type of credit card that requires you to make a deposit
against the credit limit.
If your debt is bumping up
against your credit limit, focus on bringing down your balances as much as you can.
While your account can't be closed or restricted, the disputed amount can be applied
against your credit limit.
If you pay off your balance religiously each month, but still find yourself bumping up
against your credit limit, it might be worth asking your card issuer for a credit limit increase.
Plus, what better way to keep on top of how much money is left in your account or whether you're bumping up
against your credit limit?