QuestionMay 19, 2026

Which is not a good strategy for someone who is concerned that the credit card utilization is too high? Request a credit limit increase from the card issuer. Make additional credit card payments prior to the statement date. Obtain a second credit card and spread charges out over both cards. Charge more than the credit limit consecutive months to trigger an increase.

Which is not a good strategy for someone who is concerned that the credit card utilization is too high? Request a credit limit increase from the card issuer. Make additional credit card payments prior to the statement date. Obtain a second credit card and spread charges out over both cards. Charge more than the credit limit consecutive months to trigger an increase.
Which is not a good strategy for someone who is concerned that the credit card utilization is
too high?
Request a credit limit increase from the card issuer.
Make additional credit card payments prior to the statement date.
Obtain a second credit card and spread charges out over both cards.
Charge more than the credit limit consecutive months to trigger an increase.

Solution
4.7(239 votes)

Answer

Charge more than the credit limit consecutive months to trigger an increase. Explanation 1. Identify strategies that lower utilization Utilization ratio = credit balance / credit limit. Increasing limit, paying before statement, or spreading charges decreases utilization. 2. Identify harmful strategy Charging more than the limit raises utilization and can damage credit; it’s not a responsible approach.

Explanation

1. Identify strategies that lower utilization <br /> Utilization ratio = credit balance / credit limit. Increasing limit, paying before statement, or spreading charges decreases utilization. <br />2. Identify harmful strategy <br /> Charging more than the limit raises utilization and can damage credit; it’s not a responsible approach.
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