Articles Tagged ‘credit line’
How Much Credit is Too Much Credit
Monday, March 14th, 2011
Credit is a good thing – if you ask the experts in the credit industry. Credit card companies begin luring in new customers with the promise that building a credit history will help their financial future. It may be beneficial to have some credit, but there comes a point when the amount of credit hurts more than it helps.
Consumers that have a large amount of credit available become a risk to potential lenders. It is important for you to know just how much credit is enough so you avoid reaching the point where you have too much credit.
Credit lines...