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Discover Ludwig"credit limit" is a correct and usable part of a sentence in written English.
It can be used to refer to the maximum amount of credit a financial institution is willing to extend to an individual or business. For example, "I applied and was approved for a new credit card with a credit limit of $5,000."
Dictionary
credit limit
noun
The maximum amount of credit that a financial institution or other lender will extend to a debtor for a particular line of credit.
synonyms
Exact(60)
The credit limit was £4,000.
Yet the credit limit on the card was $300.
But I've got a credit limit of three grand.
Or it cut your credit limit in half.
The tricky point comes when the credit limit is reached.For governments, that credit limit can vary enormously.
The remaining credit limit on the H.E.L.O.C. will likewise not affect the E.F.C., just as the credit limit on a credit card is not considered by the Fafsa.
Both Mr Gil and Mr Masri give him the symbolic 100-day credit limit with Palestinians.
What raising the debt limit means, it's increasing the credit limit.
Three reasons were given: Utilization of credit limit in recent months.
The Visa cards' combined credit limit of $1,000 is enough, she said.
"I only want cards with a credit limit of $5,000 or more".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com