In addition, your credit score may be affected in multiple ways by surpassing your credit limit. Lenders have the option of reporting your breach of your credit limit to the credit reporting agencies. At best, your overall credit utilization (the amount of credit in use relative to your total available credit) will go up, sending your credit score down. You can check your credit score and read your credit report for free within minutes using Credit Manager by MoneyTips. If you want more credit, check out MoneyTips' list of credit card offers.

Source: Huffington Post July 05, 2017 12:45 UTC