Credit Card Glossary: Terms and Definitions
A credit limit is the amount of money that can be charged to a credit card. The size of a credit limit, and how much of it has been borrowed, have a large influence on consumer credit scores. Low credit utilization — that is, a credit limit on which little has been borrowed — leads to a higher credit score. Credit limit is also known as a credit line. See “How to ask for a credit limit increase.”
Terms from A-Z
Search the CreditCards.com glossary for every credit-related term from "account holder" to "zombie debt." Select a letter for alphabetized terms and definitions.