Sentences with phrase «available credit ratio much»

Not exact matches

Part of your score is based on how much of your available credit you actually use; this is your credit utilization ratio.

Credit utilization is the ratio between the amount you borrow (balance) and how much is available to you (credit lCredit utilization is the ratio between the amount you borrow (balance) and how much is available to you (credit lcredit limit).

Credit utilization is the ratio between the amount you borrow (balance) and how much is available to you (credit lCredit utilization is the ratio between the amount you borrow (balance) and how much is available to you (credit lcredit limit).

Amounts owed (30 percent of your score) Another set of scoring calculations where you essentially can't have too much of a good thing are those factors that measure how much of your available credit you're using: credit card utilization (balance / limit ratio).

The basic idea of the credit utilization ratio is how much of your available credit are you actually using on a regular basis?

Part of your credit score depends on your debt utilization ratio — that's how much debt you owe in relation to the amount of credit available to you.

Included in the ratio is how much credit is in use and how much credit is still available.

This ratio measures how much of your available credit you are using.

Two things that matter greatly: your credit utilization ratio (how much of your available credit you're using), and your payment history.

This is your credit - to - debt ratio, or rather how much you owe compared to how much available credit you have.

Credit utilization ratio is the amount you owe on your card in relation to how much credit you have avaiCredit utilization ratio is the amount you owe on your card in relation to how much credit you have avaicredit you have available.

Credit utilization is the percentage of your available credit that you use, and is primarily determined by your credit cards, It's the ratio of how much you owe compared to your credit card lCredit utilization is the percentage of your available credit that you use, and is primarily determined by your credit cards, It's the ratio of how much you owe compared to your credit card lcredit that you use, and is primarily determined by your credit cards, It's the ratio of how much you owe compared to your credit card lcredit cards, It's the ratio of how much you owe compared to your credit card lcredit card limits.

This is your debt to credit ratio, and if you have used all of the credit available to you, lenders consider you riskier than someone who has managed their money better and kept their debt low in relation to how much they could be spending.

That's going to start establishing a good payment history — the most important component of your credit score — as well as a favorable credit utilization ratio, or how much of your available credit you're using.

When FICO and credit bureaus like Equifax and TransUnion calculate your credit score, they consider, among many other things, how much of your available credit you have used over your credit limit, which is known as your debt utilization ratio.

The two biggest factors in your credit score are payment history (paying your bill on time) and credit utilization (how much of your available credit you use).2 Using a low percentage of your limit and paying your bill off in full every month will set you up with a record of on - time payments and a favorable credit utilization ratio.

Additionally, be careful accruing a balance that is too close to your credit limit, as this can be damaging to your credit score thanks to an increased utilization rate (the ratio of how much credit you are using over how much you have available).

Credit utilization (30 percent of the total score): It's best to keep your credit utilization ratio — the amount you owe compared to how much total credit you have available — as low as posCredit utilization (30 percent of the total score): It's best to keep your credit utilization ratio — the amount you owe compared to how much total credit you have available — as low as poscredit utilization ratio — the amount you owe compared to how much total credit you have available — as low as poscredit you have available — as low as possible.

More specifically, credit scoring models will calculate your revolving utilization ratio or, in other words, how much of your available credit you utilize in the form of credit card balances.

(Your utilization rate is the ratio of how much debt you're carrying over how much credit is available.)

The key percentage is called the credit utilization ratio: how much debt you have compared to how much available credit.

Your credit utilization ratio is the amount of credit you're using compared to how much you have available.

Creditors will look at your «credit utilization ratio,» which shows how much of your available credit you're using.