The credit scoring companies believes that anyone with high credit utilization ratio may likely be stressed out financially. (myfinancekits.com)
Closing out credit lines will lower your available credit, which can easily result in an even higher credit utilization ratio. (creditpilgrim.com)
Balances that are too high, that increase quickly or that reach their limit each month (even if you pay them off in full) can appear to pose a potential risk to credit bureau analysts and result in a falsely appearing high credit utilization ratio. (clark.com)