Solving Credit Card Trouble
If you overspend and exceed your credit limit, the credit card company will put a stop to your account. The general rule is that when you have exceeded your limit by 10 percent, your card will be frozen from further use until you make a payment to get the balance down below your limit, and you’ll be charged a whopping fee as well. You could request an increase in your limit, but that’s jumping from the frying pan into the fire, isn’t it?...