Sentences with phrase «available credit versus»

This is your available credit versus the credit you've used.

You credit score is determine using many factors, one is a good pay history and the available credit versus what you are using.

Credit calculating software takes your TOTAL available credit versus TOTAL debt into account.

Not exact matches

Your credit utilization ratio, which is simply the amount of debt you have versus your available credit, affects what your score adds up to.

Based on this formula, the largest part of your credit score is derived from your payment history; and, the amount of debt you carry versus the amount of credit available to you.

When you factor in the three common types of auto loans available in myFICO's loan savings calculator — 36 - month new auto loan, 48 - month new auto loan and a 60 - month new auto loan — you will get a good idea of how much more an auto loan will cost for someone with a credit score of 555 versus a credit score of 635.

Those elements include payment history, outstanding debt versus available credit, history of credit, inquiries, and variety of credit.

While the algorithms credit card companies use to calculate credit scores aren't made public, it is estimated that around 30 % of your credit score is based on your rate of credit utilization, meaning how much credit you use versus how much is available to you.

Too many open accounts (with or without balances) can effect your credit available versus high balance ratio which is one factor lenders use when determining your creditworthiness.

When you factor in the 3 common types of auto loans available in myFICO's loan savings calculator — 36 - month new auto loan, 48 - month new auto loan and a 60 - month new auto loan — you'll get a good idea of how much more an auto loan will cost for someone with a credit score of 585 versus a credit score of 665.

One of the most important factors in calculating your credit score is your credit utilization ratio, or the comparison between the credit you have used versus the credit available to you.

When you factor in the three common types of auto loans available in myFICO's loan savings calculator — 36 - month new auto loan, 48 - month new auto loan and a 60 - month new auto loan — you'll get a good idea of how much more an auto loan will cost for someone with a credit score of 535 versus a credit score of 615.

One factor that influences your credit score is your credit capacity, which is the amount of credit available versus amount of credit used.

This will improve your ratio of credit available versus amount of credit used, which will show your potential new lender that you are a very responsible borrower who is capable of managing credit that is extended.

If you have a large amount of debt, versus the amount of credit available, you could viewed as a high risk.

Your credit utilization makes up 30 percent of your credit score and is determined by how much credit you are using versus the amount of credit available to you.

Banks much rather see a responsible spender versus a spender who's spending just because they have the credit available.

Your credit score is founded on your credit utilization, which is the debt you currently have such as your credit card balance, versus the credit available to you, much like your credit card limit.

Having unused credit improves your credit utilization ratio (credit available versus credit used) which factors heavily into your overall credit score.

Utilization measures how much debt you have versus your total available credit limit.

Lenders consider your credit utilization ratio — the total amount of credit available to you versus your total debt — when deciding on your rate.

(Credit utilization is the amount of money you owe versus how much credit you have available toCredit utilization is the amount of money you owe versus how much credit you have available tocredit you have available to you.)

But avoid using the card in your wallet with the lowest balance, since the closer you come to reaching your spending limit, the worse your credit utilization ratio (the amount of credit you use versus the amount of credit available to you) looks to the credit bureaus who calculate your FICO score.