Credit Limit
The maximum balance a borrower may carry on a credit account.
Keeping balances well under the limit is one of the levers that maintains or improves a credit score.
Taught In
See Also
3.2.C.4
The maximum balance a borrower may carry on a credit account.
Keeping balances well under the limit is one of the levers that maintains or improves a credit score.
3.2.C.4