Exceed credit limit on a credit card by a lot?
928223
Well you might get 'lucky' and be allowed to charge all that to your credit card, but it is highly unlikely.  If your limit is only $3,000 you probably have average credit.  If you try to run 30 x $500 purchases in one day, more than likely your credit card will be blocked as soon as you go over the limit.  So you will only be allowed to make one or two transactions beyond the limit before you are locked out.\n\nOnce you are locked out you will be charged $39 for going over the limit.  You may also be charged an additional fee for each attempt to go over the limit.  They may also up your interest rate to something crazy like 34.9% APR.\n\nNext they will flag you as someone who does not keep agreements.  This will preclude you from lower interest rates, higher credit limits, and other nice things.  It can potentially affect your credit score too, since your high credit and limit are recorded on your credit report.  Other lenders will see that you went over your limit, which will harm your ability to get other credit in future.\n\nWhich ever way you look at it, if you had some weird idea like buying 30 Sony Playstation 3 consoles and selling them for a massive profit on eBay, it ain't going to work.  Your credit card company will severely punish you and lock you out long before you can go $15,000 over the limit.
1037963
Yes, every time you apply for a credit card it goes into that big system in the sky.  You need some credit, but if you keep applying, it actually goes against you.
457805
Im in debt 2300 on a 2000 limit visa.   I owe mastercard 500 on 500 credit,  I owe sears 200 on 3000 limit.  I have a card at home hardware for 2000, I dont owe anything
803600
do not start your adult life by having too many credit cards\n\nThis can lead you to ruin later on.\n\nBe realistics, just get one and work hard.\n\nDo not buy something that you cannot afford, just beacsue you have a credit card
295240
I tell my newly qualified staff this trick.\n   Get as many cards as you can from reputable sources. Use a few that you pay off on a regular basis.\n  After time all the companies consult the credit lists and see who has defaulted.\n  each year you may be approached to increase your limit. Do it.  But dont abuse it.\n  Soon you will have a bucket load of credit facility.\n    So when you eventually need to get a really serious loan..eg...house car, your credit rating will be exceptional.
217365
sure if the borrower knew and accepted the terms. Credit card companies routinely charge that much. The trick is to pay off as early as possible by always making more than the minimum payment.
560060
Try first permier bank. They offer credit cards to every one. High APR though. However you can also take a secure credit card i.e. you deposit 2000$ in the bank and they give u 2000$ credit limit. Ones u have this for a few months then you will get a good credit and you can get other cards.
458679
limit: on your bank's site\nsec # only available on card,not revealed online
1137400
from one credit to junkie to what may be another, save yourself! cut up your cards, all but one. if you make minimum payments, a 5000 card turns into a 30 year, almost 25000 debt, a huge profit for the card company. Please don't get more! \nIf you really need more credit, there are numerous places to apply on the Internet. just answer a few surveys and then you get a few free gifts as well as an application. Best of luck to you.
437342
That depends on the credit card!
1096802
it depends on your credit and sometimes your purchases. is there a particular place you enjoy shopping. take that into consideration. also ask your bank manager to help you. they are the professionals
247946
It really depends on the bank.  The best thing to do is find out your credit score, and then go to YOUR bank, and tell them your credit score, and hopefully you have history with your bank (not too many overdrafts) do not go and apply for a both of cards, because that will only lower your score more.  YOUR bank is the best bet, you can also set up an automatic payment for a minimum amount each month, and they might be able to work with you.  Ask for a tiny limit, maybe $100... buy $20 of gas each month, and then pay it off each month, this is a good way to increase you credit score, and you will be able to borrow more in no time!  I hope this helps
489399
there are several factor affecting your credit score, one of them being the percentange of debt to credit. you want to keep your debt to credit at less than 30% so if you  had a 1000 limit on your card you would not want o spent more than 300 on that card or it will start to affect your credit score, also you want to pay more than your minimum balance, on time every month on all your cards.  Even if you max out your cards & pay them all off each month that can be a detriment to your credit score depending on when it was pulled (before the payment was processed for that month)  Another factor is how long your accounts have been open. the longer your good credit standing the better your score will be.  this is to discourage people from canceling thier old accounts.  Another factor that has an effect on the score is how many inquiries, meaning how many loans, cards, or lines of credit have you applied for in the last six months.  That isn't to say that you cant shop around for rates, you can file with a couple of mortgage brokers & banks looking for the best rate, as long as they are all grouped together within a few weeks, that should count as one inquiry.  Also if you have derogatory reports on there like slow credt payments, missed payments, bankruptcy etc.  These also have an effect on your score.\nHope this helps
924620
You can pay your balance or part of a balance higher than the  minimum payment anytime before the due date. Some lenders will allow up to 3-payments without penalizing you for it. \n\n\nWith a $500.00 Credit Line you need to be ware that you cannot use more than 50% of the credit limit., keep your utilization low, this mean only use $250.00. and try to pay the balance in full every month.
908651
It sounds fishy.   If you have that much money to give to someone else,  just pay off your own debt and that will help you too.  I know when I opened to much credit too fast, it hurt my credit score a bit and were only talking about 1500 dollars.  This company is talking about credit lines of 10-15 thousand each.  That could show you as out of control and a credit risk and lower your score.
873049
6 months to a year with no late payments should set you up credit wise, but that is only the beginning. Learn how to manage your credit card! You don't know enough about how they work and could find yourself in a bind pretty easy.\n\nIf you are smart, you will use the card sparingly and pay it off each month. \nEach month that you owe a balance you will be charged interest... sometimes a fairly large amount, maybe nearly as much at the payment. \nFor instance: If you have a $500 balance, pay the minimum payment of say $20 and and if the monthly interest is $12... you are only paying $8 against the total each month. \nAt the end of One Year, with no new charges, you would Still owe $404 of the original $500 and the credit card company would have made $144 off of you in interest!\nWorse yet, if you go over your credit limit, you get dinged around $29 to $39 usually. If you hit your maximum and interest is attached before your payment gets processed, you can get hit with the "over limit" charge of $29+ then too. Pay late and it is another $29+... Think about it! It can add up really fast!\n\nIf you pay $300 on a $700 maxed out limit you will have $300 less any due or accruing interest payments in available credit. Probably around $250 is all, if you want to play it safe and not risk going over your limit and being charged extra.\n\nTake the time to look up some credit management information and learn how personal credit works and the do's and don'ts. You will save yourself worlds of trouble in the future if you do that now.\n\nI didn't and sure wish I had! I got sick and couldn't make the payments and now, I am Still paying off what is mostly interest and penalties.... It sucks and so does my credit rating!
740180
$4000 isnt that much....Care One Credit Counseling. and cut up your cards!