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

why 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.

why 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:

Credit utilization ratio (borrowing amount / credit limit) affects credit score. High ratio (near - limit borrowing) is seen as risky by lenders, harming credit score.

Answer:

C. Because it reflects poorly on your credit score.