1/25\nwhy should you stay away from borrowing up to your credit limit?\na because youre riding to the danger…

1/25\nwhy should you stay away from borrowing up to your credit limit?\na because youre riding to the danger zone.\nb because rave damsey said so.\nc because it reflects poorly on your credit score.\nd because your interest rate increases when you borrow more on a credit card.

1/25\nwhy should you stay away from borrowing up to your credit limit?\na because youre riding to the danger zone.\nb because rave damsey said so.\nc because it reflects poorly on your credit score.\nd because your interest rate increases when you borrow more on a credit card.

Answer

Brief Explanations:

Borrowing up to your credit limit can signal to credit - scoring agencies that you may be a higher - risk borrower, which can negatively impact your credit score. Option A is too vague, option B is an invalid reason as Rave Damsey is not a recognized authority on credit, and option D is incorrect as the interest rate on a credit card is usually set based on creditworthiness at the time of approval and not directly on the amount borrowed up to the limit.

Answer:

C. Because it reflects poorly on your credit score.