WalletHub found that 46 of 50 states saw average credit limit decreases from 2024 to 2025. Wyoming experienced the largest drop in average credit limits (down 16% year-over-year), followed by Alaska ...
A credit limit, according to Capital One, “is the maximum amount of credit a lender authorizes a borrower to use on a credit card or line of credit.” If this credit drops, it can create a bit of a ...
You'll probably find out by something like a declined tap at the grocery store. It feels small in the moment, but going over your credit limit sets off a quiet chain reaction behind the scenes that's ...
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