Quick EX question

Discussion in 'Credit Talk' started by author_22, Sep 13, 2001.

  1. author_22

    author_22 Well-Known Member

    This appears on Sterling:

    Credit Limit/Original Amount:
    $504 (when my deposit posts will it say $600/504?)

    High Balance: (does this mean it will report the highest I ever had?)

    Just let me know if I'm right. :)

  2. roni

    roni Well-Known Member

    High Balance is rarely used by credit cards. It's mostly for installment accounts like mortgages and student loans. Credit limit should be $600. Don't max it out or it will hurt your credit scores.
  3. author_22

    author_22 Well-Known Member

    Thanks. I made a $200 payment this week and plan to not allow it to go above 50% of the limit again, prefer 1/3 or less.

  4. Bill B

    Bill B Well-Known Member

    I have a maxed out card but when i pay it down will my credit be ok again?
  5. G. Fisher

    G. Fisher Banned

    What is the limit?

    What is the account limit?

    What do you mean by "deposit"? Are you increasing a secured account limit by making an additional deposit?

Share This Page