4 Dangers of Increasing Your Credit Card Limit

 It can be quite flattering when your credit card company sends you a notification in the mail saying you are eligible for a credit line increase. Obviously, the company thinks you're doing a great job managing your credit card -- or, at the very least, you're paying the minimum balance. However, before you get too flattered by your credit card company's approval of a higher spending limit, figure out if it's the right decision for your finances. For more details, see this Military.com article.