Let's look at your credit utilization ratio and how you can maintain a low ratio to improve your credit score. Related: What is a good credit score? The term "credit utilization ratio" describes ...

Your credit utilization ratio is the amount of debt you have divided by your total credit limit. Credit utilization accounts for a decent chunk of your credit score, so aim to use no more than 30% ...

To maintain a healthy credit score, it's important to keep your credit utilization rate (CUR) low. The general rule of thumb has been that you don't want your CUR to exceed 30%, but increasingly ...

How long it takes for your credit score to improve after paying off debt depends on your credit. It generally takes a few ...

Credit utilization is the ratio of your overall credit balances (the amounts you currently owe to various lenders) to your credit limit (the maximum amount you’ve been approved to borrow).