Individuals with better credit ratings usually can secure higher credit limits.

Name: Individuals with better credit ratings usually can secure higher credit limits.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Yes, individuals with better credit ratings are considered less risky by lenders, which can lead to them being given higher credit limits. On the other hand, individuals with poor credit may be given lower credit limits or possibly even denied credit altogether.

Individuals with Better Credit Ratings Usually Can Secure Higher Credit