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Can lower credit limit result to good credit score?

By Derek Brown
Published: Sunday, September 20th, 2009

It is very important that you keep your credit level to as much low as possible. In fact you shouldn’t use more than 50-40 percent of the credit limit. Borrowers are generally mistaken my lower credit limits because it doesn’t affect their spending habits. But if you are sensible you can use the lower credit limit to your advantage and improve your credit score.

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