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 ...

Credit cards can be used as an alternative to emergency cash saved in an emergency fund if you don’t have it. While this ...

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 ...

Paying accounts on time, fixing errors, and lowering your credit utilization could raise your credit score by 50-plus points pretty fast. Here's how to do it.

If you’re nearing retirement or settling comfortably into your golden years, it’s no secret that your finances will change.

While overall consumer credit balances remained largely stable, the March edition of CreditGauge from VantageScore offered ...

it affects his credit utilization ratio. That’s the second most important factor in the credit scoring formula after payment history. Utilization ratio is calculated by dividing credit used ...

If a cardholder continues to make their payments on time and in full and keeps their credit utilization ratio low, this will reflect positively on the two FICO categories of payment history and ...

A credit score of 800 or above is considered excellent and has the same benefits as a perfect 850 score. Benefits of an 800 credit score include better credit offers, lower interest rates and ...

credit mix and impacts to your credit utilization ratio. Jump to insight Protect your credit score with timely payments, low balances and no new accounts. It also simplifies the repayment process ...