Change in credit utilization ratio.
That change in your credit utilization ratio could lower your credit score.
What will hurt your score, however, is the sudden
change in credit utilization.
Not exact matches
Keep
in mind that your score
changes every month so you can have 0 %
utilization then have a balance on your statement a few months before you are looking for a loan or applying for a
credit card.
The size of the ding depends on factors such as account history, amount of available
credit and
changes in your
utilization of that
credit.