does low credit limit affect credit score
In general, the lower your balances relative to credit limit, the better. Credit experts suggest keeping this ratio at 25% or less, but if you are trying to improve your score, you may want to aim for no more than 10%.(You do want to use at least one of your credit cards, though.ood to know. Credit limits donât directly increase your credit scores, and since your utilization is already low then you may not see much of an increase. But itâs a good sign that they are raising your limits! Thank you for your help.