How to Use credit limit in a Sentence

credit limit

noun

• People under 30 and those who live in low-income neighborhoods are more likely to be at or close to their credit limit.
  — Suzanne Nuyen, NPR, 15 May 2024
• Using too much of your credit limit can hurt your scores.
  — Nerdwallet, cleveland, 5 Aug. 2023
• Credit card balances grew to $1.11 trillion in the first quarter of the year, and nearly one out of five card holders are at or near their credit limit.
  — Scott Horsley, NPR, 1 June 2024
• Amounts owed: Lenders want to ensure a refinance won't overextend you, so keep your amounts owed under 30% of your credit limit.
  — Elizabeth Rivelli, Car and Driver, 14 July 2023
• What are the benefits of getting a credit limit increase?
  — Becca Stanek, theweek, 6 Mar. 2024
• It's used to compare your total outstanding debt to your total credit limit.
  — Elizabeth Rivelli, Car and Driver, 13 Mar. 2023
• Many of the options with the longest 0% APRs also come with similarly generous rates for new purchases and moving the debt frees up the credit limit on your prior cards as well.
  — Kerri Anne Renzulli, wsj.com, 31 Oct. 2023
• Opening an account raises your overall credit limit and potentially adds to your mix of credit types, aiding your score.
  — Nerdwallet, Hartford Courant, 4 Jan. 2024
• Treasury Secretary Janet Yellen says the government will hit its credit limit as early as Thursday, although the precise date is hard to pin down since a big factor is how quickly tax receipts come in.
  — David Lauter, Los Angeles Times, 26 May 2023
• The federal government is careening toward its borrowing credit limit, beyond which the Treasury won’t be able to pay all its bills.
  — Doyle McManus, Los Angeles Times, 7 May 2023
• When one creator posted a video about how to get a high credit limit using dubious methods, her comment section quickly filled up with users accusing her of committing fraud.
  — New York Times, 19 Apr. 2024
• The first step is requesting credit limit increases from your current creditors.
  — Elizabeth Rivelli, Car and Driver, 20 July 2023
• Eventually, her lender raised her credit limit to several thousand dollars.
  — Michelle Singletary, Washington Post, 24 Nov. 2023
• Typically, secured credit cards offer you a credit limit equal to your security deposit.
  — Emily Sherman, wsj.com, 9 Jan. 2024
• Expensive goods that once were merely aspirational suddenly became attainable—depending on your credit limit, of course.
  — The Editors, Robb Report, 28 Mar. 2024

Last Updated: 29 Oct 2024