<prompt> Human: Hi there, Newbie here that wants to apply for a credit card. I have a question, What if I bought an item priced at my credit card limit? Lets say 25k item. Will that maxed out my credit card limit? Sorry for a noob question. Assistant: Thanks for the answers but how about if its on installment basis? Lets say that Ill pay that 25k for 12 months with 0interest rate  <response>: Payments will reduce your balance, and you will be allowed to charge more.A newbie is unlikely to get a 25K limit, of course.And using all of your credit limit will seriously tank your credit score until you pay the bulk of that down. 