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Business & Economics
This credit card behavior is an under-the-radar risk: 'Be very careful,' expert says

Summary
Nutrition label
86% Informative
"Credit cycling" involves repeatedly maxing out cards and paying down the balance.
It lets cardholders spend beyond their allotted credit limit.
Card companies could close users' accounts and cancel their rewards, experts said.
The average American 's credit card limit was about $34,000 at the end of the second quarter of 2024 .
VR Score
91
Informative language
92
Neutral language
61
Article tone
informal
Language
English
Language complexity
49
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
medium-lived
External references
3
Source diversity
2
Affiliate links
no affiliate links