What is a credit limit?

Answers

Answer 1
Answer:

Credit limit is the level which an individual is not allowed to transact again with the credit card.

What is credit limit?

This is the level which an individual is no longer allow to purchase goods or services on credit.

The individual cards will not be given access to any transactions again once he or she exceed the limit.

Therefore, Credit limit is the level which an individual is not allowed to transact again with the credit card.

Learn more on credit card here,

brainly.com/question/3050222

#SPJ2

Answer 2
Answer: the maximum amount a credit card company allows a borrower to spend on a single card. it gives you a limit 

Related Questions

What is the period that followed the end of the western roman empire known as?
NEED HELP ASAP 12POINTS
When we examine how factors like poverty, peers, and parents interact to produce antisocial behavior in teens, we are using the _____?
Within biological anthropology, the best example of applied anthropology is
the role of media is to inform citizens about what is happening in any democratic state.critically discuss five relevant situations where media fails to fulfill such function

Please help i have points1. Over time, scientists have changed their model of our solar system. It has transitioned from


A)
a sun-centered to an moon-centered model.


B)
a sun-centered to an earth-centered model.


C)
an earth-centered to a sun-centered model.


D)
a moon-centered to an earth-centered model.



2. Many years ago, people believed that the Earth was the center of the solar system because from Earth, it looks as if the stars and the Sun


A)
rotate around the Earth.


B)
are controlled by the Earth.


C)
are much smaller than the Earth.


D)
move more quickly than the Earth.

Answers

The answer to question 1=C

and the answer to question 2=A

the interesting fact is that the earth is actually rotating rather than the sun and stars.

did you know, people used to think that the earth was flat? :)

How would fiscal discipline by the government help the economy?

Answers

It would reduce the amount of spending and borrowing and prevent more debt from being added to the already trillions of dollars in debt we currently have.

Venture capital companies a. are often limited partnerships that raise capital from other investors.
b. provide for the financing needs of large companies only.
c. are corporations or partnerships that operate as liquidation groups.
d. no longer operate in the U.S. market.

Answers

Answer:

a.

Explanation:

Venture Capital companies that finance small companies and startups that are believed to have long term growth potential. Venture capitals are generally limited partnerships that are established by venture capital firms.

therefore, the correct option from the above explaination is a. that is

a. are often limited partnerships that raise capital from other investors.

Moreover, venture capitals do operate in U.S. and are not the corporations or partnerships that operate as liquidation groups

Many historians believe that the harsh terms found in the Treaty of Versailles helped lead to

Answers

The harsh terms found in the Treaty of Versailles contributed to the political and monetary instability (monetary collapse) of Germany after World War I. Many Germans became angry.

What become the Treaty of Versailles?

The Treaty of Versailles is one of the maximum debatable armistice treaties in history. The treaty's so-called “war guilt” clause compelled Germany and different Central Powers to take all of the blame for World War I.

Thus, the Treaty of Versailles led to resentments all over the people which contributed to Adolf Hitler's upward thrust to strength and the increase of Nazism in Germany.

Learn more about Treaty of Versailles here:

brainly.com/question/3604628

#SPJ2

Many historians believed thag the harsh terms found against germany in the treaty of versailles helped lead to WWII

What might happen if the federal government makes cuts to health care spending?

Answers

The poorest and most deprived in society will have any healthcare safety net weakened. This will leave them more exposed to risk of poor general health and early death. Political argument and civil unrest could also become focused on the issue leading to much wider unrest across society.

Cases that the Supreme Court agrees to hear are placed on the Court’s docket. A docket is a __________. A. summary of court decisions B. legal explanation of the facts of the case C. schedule of cases to be heard during a given session D. simple outline of each judge’s role during a trial

Answers

the answer is B.) legal explanation of the facts of the case