The higher the credit card limit, the worse the credit information?
That's not true. There is no direct relationship between credit card limit and credit investigation. Usually, if the credit information is poor, it may be because the credit card limit is too high, which exceeds the cardholder's repayment ability, and the cardholder's overdue repayment will make the credit information worse. If it is only used high, but it can be repaid in full or at the minimum amount on schedule every month, the credit will not deteriorate.
However, it should be noted that the higher the credit line used, even if it can be repaid on time, there will be hidden dangers, because the second-generation credit information will not only record the total credit line and monthly repayment amount of the credit card, but also see the overdraft limit of each month, and judge whether the cardholder has used the credit card according to the regulations with 6 months as the standard.
For example, the average overdraft limit in the first six months exceeds the monthly repayment amount, but the cardholder can repay on time, so it is easy to be suspected that the cardholder is suspected of reversing the card, and all of them swipe their cards in large quantities after the credit card bill date. This kind of credit information for cardholders is very risky, and banks may reduce the credit card limit or seal the card at any time.
Therefore, it is best for cardholders to spend their credit cards within their own ability, repay on time, and develop good card use behavior without worrying about the deterioration of credit information. On the contrary, cardholders have accumulated good credit by constantly using their cards, which makes the credit information better and better.
The above is "The higher the credit card limit, the worse the credit information?" I hope it will help everyone.