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Keeping this ratio low can give a big boost to your credit score Written By Written by Contributor, Buy Side Michelle Lambright Black is a contributor to Buy Side and credit expert specializing in ...

Credit score myth traps high earners. Learn what actually affects scores and how to avoid dips from utilization, closures, ...

Your credit utilization ratio accounts for 30 percent of your FICO score and is calculated by dividing the total debt you ...

A high credit score unlocks a bunch of benefits. You can get a lower interest rate on any loan and qualify for better financing. Mortgage lenders will look at your FICO score before determining how ...

I know that you should keep your utilization down, under 50%. However, what is more important: that each card be under 50% or that the average be under 50%? I have one card that has an extremely low ...

Using a credit card for a big purchase can help you earn rewards and comes with additional benefits and protections. Large purchases on a credit card can affect your credit utilization and hurt your ...

Apple launched its first credit card in August 2019, and as of early 2024 the Apple Card had more than 12 million users.

Some factors matter a lot more than others when determining credit scores, and one of these critical factors is your credit utilization ratio. Your credit utilization can impact your life in more ways ...