Credit card application, a great post
If your balance approaches your credit limit, stop using your credit card at once. If you absolutely must exceed your limit, do everything in your power to pay back until you are under your limit as soon as possible. Most credit card companies will happily let you exceed your limit because the interest rates they can then charge you are exorbitant. Another side effect is that when you exceed your balance, a note may appear in your credit report, which will lower your credit rating. And, of course, always pay all of your bills on time.