high/limit above card limit

Discussion in 'Credit Talk' started by mikewood, Aug 22, 2003.

  1. mikewood

    mikewood Member

    Ok, last one, I promise! I have a credit card in good standing with a credit limit of 8k. But it will go over if I charge over. On my report about this account, there is a category called "high/limit" that shows the highest balance this card has ever had (8600). Is this bad? I doesn´t actually say anywhere that the actual limit is only 8k, but I figure a potential creditor will know that from the other CRAs.

    If this is negative, is there a way to take care of it? Or should I leave it alone?

    Thanks again!
  2. Hedwig

    Hedwig Well-Known Member

    I believe that they view the $8600 as your credit limit. They don't have any way to know it's not if that's what was reported.

Share This Page