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Does a no-limit credit card hurt my credit score by skewing my credit utilization?
Does a no-limit credit card hurt my credit score by skewing my credit utilization? I have an Amex card that has “no preset limit” which I think really means I have an arbitrarily high spending limit, as decided by Amex’s algorithm. On my credit report, the credit limit for this account is shown as “unknown” or “unavailable”. But of course the account balance is reported. When calculating my total credit utilization, this card’...
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