® 
Is your Credit Score >750?
Find Out for FREE
- Get low interest loans & Lifetime FREE credit cards
- Get customized Credit Health Report
- Improve your creditworthiness
Get your FREE Credit Score & Report in just 2 minutes
Will spending over the credit card limit affect my credit score?
Will spending over the credit card limit affect my credit score?
Repiles1 Posted:2015-05-22 22:52:06 ISTUpdated:2017-09-28 03:28:31 ISTWritten by - CreditMantri
article
CreditMnatri
Creditmantri
Categories:Credit Health improvement
Will Spending Over The Credit Card Limit Affect My Credit Score
Will Spending Over The Credit Card Limit Affect My Credit Score
Answers
Yes, it affects your credit score.
Responded by:Responded on25th May 2015
If you are using more than 30% of your credit limit, your credit score starts suffering and gets lowered. Usage of less than 30%, with regular payments and limited transactions will lead to a decent credit score. Utilizing more than the authorized credit limit will signify that you are credit hungry and is likely to have a negative impact on your credit score.
Post Your Answer
Popular Forum
- How to get car loan?
- How does GST affect small business?
- Why is my Equifax credit score always lower than all other credit bureaus?
- How to add an Amex gift card to amazon?
- How to change registered mobile number in Bharat gas online
- Why does a credit card have a chip?
- How can I get Pmjay card?
- Is credit score important for MSMEs in getting MSME loan?
- Do Banks Give Business Loans Without Collateral?
- how can i get a credit card with bad credit
- Which app is the best Yono or SBI anywhere?
- How To Make Axis Bank Credit Card Payment With UPI?
Recent Forum
- All Micro Loans Must Be Collateral-Free
- Five Critical Reasons To Check Your Credit Report Regularly In India
- Machinery Loan Top Provider
- Credit for MSMEs: 5 key schemes beyond ECLGS, CGTMSE meant to ease small businesses' capital woes
- PNB Offers Loans For MSMEs Under Seva Scheme - Know Important Details
- How To Make MSMEs Credit Ready Through Supply Chain Financing?
- How Do You Get A Credit Card If Unemployed?
- The 5 Best Credit Cards For Poor Credit
- Top Credit Cards For Women
- Reliance Nippon Life Super Money Back Plan
- LIC New Money Back Plan - 20 Years Plan
- HDFC Life Super Income Plan - Money back Policy
Most Viewed Forum
- What are the benefits of Business Loans?
- What happens when we don't pay online loans?
- What is the age limit for MUDRA loans?
- Why is Credit mantri providing the credit score for free ?
- How do I change my regular SIP plan to direct a SIP plan?
- Is ITR required for Mudra loan?
- how to get personal loan from icici bank
- Credit Card
- Does your credit score go up when enquiries are removed from your credit report
- What type of home loans does ABHFL offer?
- How can I apply for a credit card?
- How to apply for credit card in HDFC