Meaning Balance chasing
What does Balance chasing mean? Here you find 2 meanings of the word Balance chasing. You can also add a definition of Balance chasing yourself
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Balance chasingThe practice by some banks of cutting a customer's available line of credit multiple times as the borrower pays down the card's balance.
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Balance chasingA method used by some banks to lower available credit to account holders in an effort to curb spending and force them to pay down outstanding balances.
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