How much is to much Credit?
So I have a question for the wise members of Calgary puck. How much credit is to much credit and will it actualy go against you. I always thought that the more they can give you, that you can pay off the total amount each month and not go into dept was a good thing, but is there a line that having lots of available credit will go against you? If so what happens when you reduce your credit cards to a lower limit does that make it harder to apply for higher limits of credit in the future? Or is it good to have a high limit for a while maintain it and then lower it before you really need it.
Jordan
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