US EditionThis Credit Card Behavior Is an Under-the-Radar Risk: 'Be Very Careful,' Expert Says
- Experts warn that credit cycling, where consumers max out cards then quickly pay them down, poses growing risks in 2024.
- Credit cycling may appeal to consumers with low credit limits needing to finance large expenses, but card issuers view repeat use as a red flag.
- Experts advise maintaining credit card balances well under 30% of the available limit—ideally below 10%—to enhance credit scores, while frequently maxing out cards can lead to account closures and increased charges.
- Bruce McClary stated, "You have to be very careful," adding that appearing as a risk could harm credit scores and future borrowing chances.
- Advisors suggest consumers improve scores by paying bills early, requesting higher limits, opening new cards, or spreading payments instead of credit cycling.
13 Articles
13 Articles
Credit Cards I Didn’t Get Because They Were Too Difficult to Bother With
I’ve been around long enough to know about some of the lesser-known credit cards—the ones that aren’t splashed all over TV commercials or banner ads, but quietly deliver serious value. If you’re into fantasy sports, think of these as the deep bench players that don’t cost much but consistently deliver solid stats. The football player who racks up 80 yards a week. The hockey forward who gets a couple of assists every game but doesn’t draw the spo…
Chase Freedom Flex 5x Points Categories Q3 2025: Register Now
The Chase Freedom FlexSM Credit Card (review) is an incredible no annual fee card belonging to Chase’s Freedom portfolio, which can help you maximize your points, thanks to its quarterly bonus categories. With a new quarter being right around the corner, Chase has just launched its Q3 2025 bonus categories, so I’d highly recommend registering ASAP.Note that these same bonus categories are also valid for the Chase Freedom Card, which is no longer…
Coverage Details
Bias Distribution
- 67% of the sources lean Left
To view factuality data please Upgrade to Premium
