WHat is the different between available balance and current balance?

What's the difference between "available credit" and "current balance"?

  • It says my available credit is $78.00 (credit limit $500.00) and current balance $58.50. Does that mean I have no money or 558.50? Can I use my credit card at all at this point?

  • Answer:

    It means that the amount of credit that you can use right now is 78 and you currently owe 58.50 you might have a hold or charges pending of 363 but for sure you can use 78

ferito at Yahoo! Answers Visit the source

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