5 reasons why you should not max-out your credit card
Tuesday, 21 November 2023 Maintaining a low credit utilization ratio is important to maintain a healthy credit score. It is recommended to keep the ratio below 30% and avoid maxing out your credit card. Maxing out your card can result in penalties, a debt cycle trap, negative impact on credit history, a drop in credit score, and loss of card benefits. If you find yourself close to maxing out your card, you can request a credit limit increase or pay off balances quickly to improve your credit utilization ratio. However, improving your credit score takes time and requires responsible financial behavior.
Believe it or not, the holiday season is just around the corner, making now the best time to start thinking through your holiday travel plans. Whether you're looking to reunite with loved ones for Thanksgiving or planning a restful vacation to end the year, we have the perfect travel tip for you. If...
Commission Seeks Answers , in Lewiston, Maine , Mass Shooting.
NBC reports that an independent investigation into the
October mass shooting that killed 18 people in Maine will
seek a subpoena to..
Credit: Wibbitz Top Stories Duration: 01:31Published
US Senators Question Army , After Reservist Kills 18 , in Maine Mass Shooting.
On November 6, two senators from Maine questioned
the U.S. Army's inspector general, seeking answers
in the wake of the..
Credit: Wibbitz Top Stories Duration: 01:30Published
Understanding why your credit card application was rejected is crucial for future approval. Common reasons include insufficient credit history, low credit score,... IndiaTimes