No, because the credit card limit itself has been determined by both parties.
<h2>Further Explanation
</h2>
Credit cards are cards issued by banks to users or customers so that with these cards users can buy goods or services from companies that accept cards without payment by cash "debt". Credit cards can also be defined by electronic money issued by an agent that allows the card used to get credit in transactions for which payments can be made in installments, following a specified time. One of the rights of credit card holders is the facility to increase or decrease the credit limit provided by the bank, where this can be done according to the needs of the customers themselves and the agreement between the two parties
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The advantages and disadvantages of using a credit card are as follows:
The benefits of using a credit card include when you want to buy something but do not have cash, then you can pay using a credit card.
Even shopping online can already pay by using a credit card. When buying expensive items, you don't need cash, credit cards are safe compared to storing cash, but every purchase with a period of one month or a certain amount must be paid off.
The disadvantage of using a credit card is that customers often spend a lot of money to shop because they feel they are not spending money on goods they need, even though it makes customers pay credit card bills.
Credit cards sometimes cause problems when used for shopping or online transactions. Therefore, customers must be careful about using data on their credit cards.
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credit card definition brainly.com/question/2381469
The advantages and disadvantages of credit card brainly.com/question/2381469
Details
Grade: College
Subject: Advanced placement
keywords: credit card
