QUESTION IMAGE
Question
why should you stay away from borrowing up to your credit limit?
a because youre riding to the danger zone.
b because rave damsey said so.
c because it reflects poorly on your credit score.
d because your interest rate increases when you borrow more on a credit card.
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.
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C. Because it reflects poorly on your credit score.