It may be necessary to take down the maximum amount of credit your credit card permits, but it does not help your credit score. Therefore, do so only in an emergency. It’s nice to know that your credit permits you a certain liberty for spending, but don’t let that enthuse you sufficiently to take extreme spending binges.
Of course, if you don’t use your card at all, or only occasionally, you may be dropped or the maximum available credit may be reduced.
That is because credit card companies are getting more sensitive these days about account activity.
Despite public misinformation, credit card companies are not doing well. They have lots of bad debt to write off. So, use credit cards intelligently.
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