Respuesta :

josiasolsinaleg
the maximum amount a credit card company allows a borrower to spend on a single card. it gives you a limit 

Credit limit is the level which an individual is not allowed to transact again with the credit card.

What is credit limit?

This is the level which an individual is no longer allow to purchase goods or services on credit.

The individual cards will not be given access to any transactions again once he or she exceed the limit.

Therefore, Credit limit is the level which an individual is not allowed to transact again with the credit card.

Learn more on credit card here,

https://brainly.com/question/3050222

#SPJ2