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The Credit Limit market is a segment of the Credit Card industry that focuses on the maximum amount of credit that a cardholder can access. Credit limits are determined by the card issuer and are based on the cardholder's creditworthiness, income, and other factors. Credit limits can be increased or decreased depending on the cardholder's creditworthiness and other factors. Credit limits are important for cardholders to understand, as they can help them manage their spending and avoid overspending.
The Credit Limit market is highly competitive, with many card issuers offering different credit limits and terms. Card issuers may also offer incentives such as rewards and cashback to encourage cardholders to use their cards.
Some companies in the Credit Limit market include American Express, Bank of America, Capital One, Chase, Citi, Discover, and Wells Fargo. Show Less Read more