Sentences with phrase «credit limit ratio»

Once my debt / credit limit ratio on my credit cards got below 50 %, my score jumped 30 points.

Opening up additional cards increased my overall credit, as well as reduced my overall spending to credit limit ratio since I made the same amount of purchases over more cards — both things that helped my credit score and likely cancelled out any negative effects.

As a result, you will be raising your debt to credit limit ratio.

Also, the credit bureaus don't take too kindly to minimum payments, especially if it results in your debt - to - credit limit ratio to increase.

This is by far one of the best deposit - to - credit limit ratios we've seen on any secured credit card.

You can also increase your credit limit on your secured credit card (by contacting your bank or credit union and making an additional deposit) to increase your balance to credit limit ratio.

Your track record for paying your bills on time and your debt to credit limit ratio have a big impact on your score.

Most people are aware that the debt to credit limit ratio is a vital part of the FICO score.

Dear Angelo, I'm impressed that you have been able to pay your utilization (balance / credit limit ratio) down by as much as 60 percent, while not missing any payments along the way.

The percentage of consumers scoring in the lowest score ranges — populated most frequently by consumers with high debt to credit limit ratios and numerous recent and significantly past due payments — continues to drop.

As you lower your debt to credit limit ratio, you will start to see improvements in your credit score.

But by adding available credit, you will lower your balance to credit limit ratio (the most important factor in your credit score).

I see this effecting two big things on your credit score if you close accounts out regularly - Average age of an account and balance to credit limit ratio.

Your ability to pay your bills on time and your debt to credit limit ratio have a big impact on your score.

«I never advise people to close credit cards, because it can hurt that debt - to - credit limit ratio,» he said.

All about your debt to credit limit ratio — what it means, all the ways your FICO score could affect you, and how to improve your debt to credit limit ratio and your FICO score.