Credit utilization is a fancy name for how much of your available credit you've used. It's one criterion used by the three major credit bureaus to calculate your credit score. Why do they care?

SAN JOSE, Calif.--(BUSINESS WIRE)--How much you owe is an important factor in determining your FICO® Scores, making up 30% of the total calculation. One of the elements that FICO considers in this ...

Credit utilization is calculated by dividing the balance by credit limit for each card and for all cards together. Many, or all, of the products featured on this page are from our advertising partners ...

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With over four decades of experience as a portfolio manager and educator, Adam B. Frankel simplifies credit card strategies and complex personal finance topics for anyone seeking to gain a better ...

Discover what a zero balance card is and learn how it can benefit your credit score by reducing debt and managing your credit utilization effectively.

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 ...

Your credit scores can wax and wane a bit like the moon, changing frequently as your credit accounts and balances change. However, big changes to your credit scores could be an indication that ...

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

This is the story of how a poorly-timed credit card purchase turned into a massive credit score drop. While it does have a (mostly) happy ending, there are some lessons to be learned. Not long ago, a ...

Kelly-Ann Franklin has spent more than two decades in journalism which has helped her build a wide knowledge base of business and personal finance topics. Her goal with editing is to ensure tough ...