During daily credit card swiping, you may accidentally exceed the credit card limit. Will this kind of behavior have a bad effect? Will it affect the cardholder's personal credit information? Let's take a look.
what's the impact of credit card overspending?
if the cardholder's credit card exceeds the limit by a small amount, it will generally have little impact, as long as it is within the scope allowed by the issuing bank. However, it is not recommended that cardholders do this behavior many times. If this happens frequently, the bank may reduce the credit card usage limit or refuse to use the credit card again.
will it affect credit?
if the credit card is overspent, it won't affect the credit, because most banks support overspent credit cards, so cardholders don't have to worry about affecting their credit. However, they should repay on time after overspent credit cards, and if they are overdue, their credit will be affected.
The above are some contents of credit card exceeding the limit. I hope I can help you.