Articles for tag: credit limit, credit score, financial tools

Rajiv Sharma

Major drawbacks of exceeding credit card limits

Major drawbacks of exceeding credit card limits

Credit cards are essential financial tools that offer convenience and flexibility in managing expenses. However, most banks impose strict spending limits on these cards, which are designed to help consumers maintain financial discipline. While some banks may allow customers to exceed their credit limit, this often comes with additional fees. Financial experts generally advise consumers ...