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Don't Let Your Credit Card Limit Exhaustion Impact Your Score! Here's What You Need to Know

Learn how your credit card limit exhaustion can affect your credit score and financial health. Stay informed and manage your finances wisely!

Are you maxing out your credit card limits too often? It's time to take a closer look at how this could be impacting your credit score. When your credit utilisation ratio is high, it signals that you are using a significant portion of the credit available to you. This high ratio may suggest to lenders that you are under financial strain or have a higher debt burden, potentially lowering your credit score. It's essential to monitor your credit card spending and aim for a lower credit utilisation ratio to maintain a healthy credit score.

In other news, the South Africa Women vs Namibia Women match is heating up in the Women's African Games Ghana, 2024. Stay tuned for live updates and scores as the intense competition unfolds. Whether you're a cricket enthusiast or simply love sports, this match is sure to keep you at the edge of your seat. Don't miss out on the action!

Ending the article with an interesting fact: Did you know that maintaining a credit utilisation ratio below 30% is considered ideal for a healthy credit score? Keeping your spending in check can significantly impact your financial well-being. And as for sports lovers, stay engaged with the thrilling matches of Women's African Games Ghana, 2024 for more excitement and sportsmanship!