Why do we ask for the available limit?
What does this do?
The available limit shown by your bank already has future installments deducted. Entering it lets us show the correct total debt and available limit without adding every installment manually.
How to do it
- Enter the total limit and current debt.
- Enter the available limit shown by your bank.
- The remaining amount is spread as 'Future installments' over 3 months (or the months you enter).
Why it matters
Calculating the available limit from current debt alone ignores future installments and makes it look higher than it really is.