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What happens if I exceed my credit limit?

If you make a charge that puts you over your approved credit limit, your credit card may be declined. If you exceed your credit limit frequently, your lender may take actions including canceling the card, cutting rewards or lowering your limit. And you'll likely be doing great harm to your credit score.

What does negative available credit mean?

Negative available credit means that you have exceeded your credit limit, and your balance is higher than the assigned credit limit on your account. This can occur due to a variety of reasons, including outstanding charges, pending transactions, or payment delays.

What happens if my available credit turns negative?

However, when your available credit turns negative, it can raise concerns and confusion. Negative available credit means that you have exceeded your credit limit, and your balance is higher than the assigned credit limit on your account.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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