What's the impact of a credit card on your borrowing capacity?

Ever wondered why it matters what your credit card limit is if you pay the whole balance off in full each month? Or why a broker might recommend you cancel Afterpay? Here's a little explanation of how we do some of our job behind the scenes to give you a bit more insight. Please note this is not advice for you to do anything except be mindful before taking out new debt. If it's recommended for you to close or lower limits that will happen as part of a tailored consultation with your broker.