CHARLOTTE, N.C. — WalletHub has a handful of cities across North Carolina topping yet another ranked list.
This time, WalletHub researchers are looking at which metros are seeing credit limits decrease the most.
Charlotte fell near the bottom in the list of 100 cities, coming in at No. 74.
Meanwhile, Durham falls on the opposite side of the list, coming in at No. 5. Raleigh is slightly behind at No. 11, Greensboro is at No. 14, and Winston-Salem is at No. 33.
WCNC Charlotte is always asking "where's the money?" If you need help, reach out to WCNC Charlotte by emailing money@wcnc.com.
Usually, these rankings have a clear indicator between which scores are positive and negative, but here's the issue this time: If you have lower limits or fewer lines of credit open, a further decrease in your credit limit can make handling your money even harder. That's by limiting how much you can buy and increasing your credit utilization.
Keep in mind, the more credit you are using, the more you could hurt your credit score.
On the other side, lower limits might help you improve the way you handle credit. If you put less on those cards, you pay back less in debt.
Also, limit decreases typically indicate the lender is handling their credit poorly, or a sign of economic uncertainty as a whole.
WCNC Charlotte's Where's The Money series is all about leveling the playing field in the Carolinas by helping others and breaking down barriers. WCNC Charlotte doesn't want our viewers to be taken advantage of, so we’re here to help. Watch previous stories where we ask the question “Where’s the Money” in the YouTube playlist below and subscribe to get updated when new videos are uploaded.