How to Use credit limit in a Sentence
credit limit
noun-
Using too much of your credit limit can hurt your scores.
—Nerdwallet, cleveland, 5 Aug. 2023
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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
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It's used to compare your total outstanding debt to your total credit limit.
—Elizabeth Rivelli, Car and Driver, 13 Mar. 2023
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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
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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
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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
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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
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The first step is requesting credit limit increases from your current creditors.
—Elizabeth Rivelli, Car and Driver, 20 July 2023
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Eventually, her lender raised her credit limit to several thousand dollars.
—Michelle Singletary, Washington Post, 24 Nov. 2023
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Typically, secured credit cards offer you a credit limit equal to your security deposit.
—Emily Sherman, wsj.com, 9 Jan. 2024
Some of these examples are programmatically compiled from various online sources to illustrate current usage of the word 'credit limit.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
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