 TITLE: What Happens When You Go Over Your Credit Limit? CONTENT: How Going Over Your Credit Limit Can Affect Your Credit\n-------------------------------------------------------\nCredit utilization is one of the primary factors in the two most commonly used credit scores: FICO® Score☉ and VantageScore®. Utilization is usually expressed as a percentage; it'll show how much of your available credit you're using on a per-card or a total basis.\nA low credit utilization ratio is attractive to lenders and positively impacts a credit score because it shows that you're using credit cards as payment tools for things you can afford. Conversely, charging more than the limit can be an indication that you are having financial problems.\nAs a general rule, it's best to keep your total credit utilization rate to below 30%. Practically speaking, this means that if your credit card's limit is $10,000, for example, the balance you roll over to the next month should be less than $3,000. When it comes to your utilization rate's effect on your credit scores: the lower, the better. END