821-Friday Q&A: Business, Student Loans, Bankruptcy, Babies, Annual Fees, Houses, Etc.
Radical Personal Finance
00:00
Do You Have a High Credit Limit?
i found out that they actually don't take away your high credit limit if they change it t another type of card, at least that's what they told me. So is that ad thingit depends on what the cards are? i used to advise that having the highest credit limit was always the best idea. But what happens is, when you have very high credit limits,. you will often get declined for those cards because your available credit is too high. For a guy with a hundred thousand dollars or your income, that's too much.
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