▲ 10 r/CreditScore
Learned a lesson when it comes to accidentally “increasing your limit”
I’ve used Varo in a pinch for deposits but noticed they had a credit builder card so decided to give it a shot.
It’s different in the sense you set the card limit but I had no idea increasing my credit balance by $3 dollars unintentionally was gonna hit me this hard.
The only reason I “increased my balance” was because I paid off my phone bill, and then immediately added money back but i guess it happened to be just a bit over my previous limit and I paid the price for it.
I am improving my credit so maybe big fluctuations like these are normal, idk…
Anything I can do or should I just take this as a lesson learned when it comes to increasing limits?
u/Excellent_Gap_6986 — 2 days ago