• Credit card companies charge fees when you go over the limit.credit card image by feisty from Fotolia.com
  
  

As Long As You Want

• You can keep your credit card account over the limit indefinitely. Eventually, your credit company will begin calling you, asking for a payment. The company may close your account and start the collection process, although that depends on your credit history and the company.
  
  

Pay It Down Immediately

• According to Bankrate, credit card companies charge large fees every time you go over your limit. Some companies charge fees for every day you are over your limit. Pay the credit card balance down as quickly as possible to avoid extra fees and the collections process.
  
  

Bottom Line

• You can keep your credit card over the limit for as long as you want, though you will have to handle fees and the possibility of dealing with a collection agency. You should pay down the balance as quickly as possible, or ask for an increase in your limit before you have to purchase something.