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    Credit term

    Credit limit

    A credit limit is the maximum you can borrow on a revolving account like a credit card.

    How it shows up on your credit report

    CREDIT LIMITHIGH CREDITLIMIT

    Your limit sets the ceiling on a card. It also drives your utilization — the same balance uses a smaller share of a higher limit, which is why a limit increase can help your score if you do not spend more.

    Not sure how this affects your score? We'll walk through your report with you.

    Mesa Group Consulting helps Bakersfield and Kern County families read their credit reports and dispute what is wrong, in English, Spanish, and Punjabi.

    Book a free consultation How credit restoration works

    Related terms

    Credit utilization

    Credit utilization is how much of your available credit you are using — one of the biggest factors in your score.

    Revolving credit

    Revolving credit is an account like a credit card where the balance and payment can change month to month.

    Back to the full glossary