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, but don’t 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 reduced.
That’s because credit card companies are sensitive about account activity. Despite public misinformation, credit card companies are always writing off lots of bad debt. Use your credit cards intelligently.(See the Earl J. Weinreb NewsHole® comments and @BusinesNewshole at Twitter.)
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