Does having a balance over the limit affect a fica score?

Answer On One Hand: Over-Limit Balances HurtBeing over your credit limit will hurt your FICO score. Thirty percent of the FICO score considers your level of debt, which includes the amount of available cr... Read More »

Top Q&A For: Does having a balance over the limit affect a f...

Does going over a credit limit affect a credit score?

Yes. Going over your credit limit can lower your credit score because it increases the amount you owe. Credit-scoring formulas reward low balances with higher scores and penalize people who carry h... Read More »

Does having too many credit cards affect a credit score?

On One Hand: Number of Cards Has No ImpactThe number of credit cards that an individual has does not affect his credit score. Having several credit cards can improve your credit score if you have s... Read More »

How does socioeconomic status affect balance diet?

Poorer people eat more junk food. Rich people have a more balanced diet. But these are averages; you can do what you like.

How Does Cutting Your Dividend Affect the Balance Sheet?

Companies may change dividend policies to raise or cut dividends over time depending on the conditions of their balance sheet. A strong balance sheet often is marked by high level of capital and pl... Read More »