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Old 27-07-2008, 04:54 PM   #49 (permalink)
Pkunk
 
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Quote:
Originally Posted by shmoo View Post
Not only that, but banks generally assume you use 75% of your credit card limit. So having a 5 grand limit can seriously impair your borrowing capacity.
And whats the first thing all my mates have done once they cancelled their credit cards, secured their house loan?

Reapplied for their credit cards with higher limits
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