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credit limit


Definition
The maximum amount of credit that a bank or other lender will extend to a customer, or the maximum that a credit card company will allow a card holder to borrow on a single card.

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Two Credit Cards are Better than One, But More Isn't Always BetterDon't have "too many credit cards." There are good reasons to have at least two credit cards, but some people collect a stack of cards, including those from stores and oil companies, several of which ... Read more


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