Do credit cards reduce my ability to get a loan? | Ask Banky

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

Do credit cards reduce my ability to get a loan?

Asked by Banky team 2 months ago 1 views
Banky team Reviewed editorial answer

Limits or associated obligations may factor into the overall exposure assessment.

Key points

  • Review your card limits and obligations.

  • Calculation varies by provider.

The figures, fees and limits in this answer vary by bank and change over time — confirm them with your bank or the official source before acting.

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