It may be necessary to take down the maximum amount your credit card permits, but it does not help your credit score. Do so only in an emergency. It’s nice to know that your credit permits you spending liberties, but don’t let that take you on extreme binges.
Of course, if you don’t use your card at all, or only occasionally, you may be dropped, or the maximum available credit line may be reduced. So, use credit cards intelligently.(See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)
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