Notice towards Balance transfers to possess three-years
What exactly is a borrowing limit?
A borrowing limit is the maximum amount of obligations you could potentially enjoys in your bank card. In the event the borrowing limit are $10,100, then you are struggling to have significantly more than just $10,100 in financial trouble on credit card.
It’s not unusual for various handmade cards to possess varying minimal and you can limit credit restrictions. The minimum borrowing limit can be between $step one,one hundred thousand and you can $dos,100, while some cards has all in all, doing $100,100000. Read More
