1. If your credit card limit is $15,000 and lenders like to see you using no more than 30% of your available credit, what is the most you should charge? 2. Your credit card has a limit of $20,000. You...


1. If your credit card limit is $15,000 and lenders like to see you using no more than 30% of your available credit, what is the most you should charge?


2. Your credit card has a limit of $20,000. You currently have used 90% of your credit limit. To improve your credit score and only use 30% of your available credit, how much should you pay down on your balance?



May 25, 2022
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