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25 January, 20:42

Patricia, a standard cardholder, uses her card for the first time and makes a $500 cash withdrawal. How much of her total credit limit remains?

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  1. 25 January, 21:08
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    Answer: $7571

    According to the latest Experian data, the average credit card limit was $8071as of December 2016. If Patricia uses her card and makes $500 for the first time, her credit limit will decrease by $500. Credit limit would be $7571.
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