credit card limit question

hi'ya

ok i have a Question: i want to get a new ps3 slim (my old one died on me last week) but i am flat broke,

so i plan on charging it to my credit card..the thing is my credit card limit is only $300 (lame, i know) soo if i was to go to

bestbuy or where ever to purchase one (along with uncharted 2) can i go over that $300 limit or will i be declined at the register

when i swipe the card..

i never went over my limit before so i would like to know this cuz if so then i wont be going cuz i dont want to get embarrassed when/if the worrker tells me my card has been declined lol.

thanks in advance! :)

P.S i will be able to pay it off next month

Can't you send it in for repair? There is a warranty on it right?

You'll probably be declined. And if I were you, I'd wait till you can pay it off before buying it. I NEVER buy anything with a credit card that I couldn't buy with cash. That's how people get into trouble with heavy interest rates (they're extremely high as debt goes for credit cards). The only reason I use the card at all is to collect reward points on purchases I'd normally make with cash.

You shouldn't spend money you don't have unless it will result in making more money than you could have had if you didn't borrow money to work with. Taking on any other debt won't kill you if you are disciplined in paying it off, but in all likelihood, neither will not having whatever you went into debt to have RIGHT NOW instead of saving up and buying it later for less money (i.e. paying no interest on a loan).

You can get them to charge $300 to the card and then pay the rest in cash, but if you try to charge the full thing it will get rejected at the register.guynamedbilly

How is the limit only $300, that doesn't sound right, the limit is usually the worth of your assets, usually limits start at $5000

How is the limit only $300, that doesn't sound right, the limit is usually the worth of your assets, usually limits start at $5000

Yourkillding

How is the limit only $300, that doesn't sound right, the limit is usually the worth of your assets, usually limits start at $5000

Yourkillding

Wrong...also depends on your credit. I know a guy that has a $100 credit card with an annual fee and a huge rate...his credit is that bad (and he is in his late 30's) -I have tried to council him on money management, but to no availrawsavon

:lol:

What a useless credit card that must be...

[QUOTE="rawsavon"]Wrong...also depends on your credit. I know a guy that has a $100 credit card with an annual fee and a huge rate...his credit is that bad (and he is in his late 30's) -I have tried to council him on money management, but to no availpianist

:lol:

What a useless credit card that must be...

[QUOTE="guynamedbilly"]You can get them to charge $300 to the card and then pay the rest in cash, but if you try to charge the full thing it will get rejected at the register.rawsavon

P.S i will be able to pay it off next month

LP4EVA2005

[QUOTE="LP4EVA2005"]

P.S i will be able to pay it off next month

m45t3rch13f

I have a credit card given to me by Natwest with a £500 limit on it. I havent used it and hopefully never will. I dont like someone else being in control of my money.