Sentences with phrase «credit utilization ratio below»

To ensure your rating remains in tact, be sure to keep your credit utilization ratio below 20 % even as you apply for and open new credit accounts.

Establishing credit history, keeping your credit utilization ratio below 30 %, and making consistent on - time payments are all on the list.

If you want to have a healthy credit score, you may need to keep your credit utilization ratio below 30 %.

Credit experts advice to keep your credit utilization ratio below 30 %.

A good rule of thumb is to keep your credit utilization ratio below 30 % at all times — both on a per - card basis and across all of your cards.

Endeavour to keep your credit utilization ratio below 30 % and pay off the balance every month.

It will be nice if you can keep your credit utilization ratio below 30 %.

By closing a credit card account, you reduce your available credit — making it more difficult to keep your debt - to - credit utilization ratio below 30 % (the recommended percentage).

You should endeavour to keep your credit utilization ratio below 30 %.

As Keegan mentioned, keeping your credit utilization ratio below 20 % to 30 % is a good rule of thumb to maintain optimal credit.

It lowers your credit score: Experts advise that one should keep his credit utilization ratio below 30 %.

It lowers your credit score: Experts advise that one should keep his credit utilization ratio below 30 %.

Many experts recommend keeping your credit utilization ratio below 30 percent.

Not exact matches

Since you'll need to keep your credit utilization ratio at 30 percent or below to do well in this area, focus on paying down revolving debt before installment loans.

Below is an example of how a credit utilization ratio is calculated.

If you want to use your credit card to build your credit score, experts suggest that credit utilization ratio should be kept below 30 %.

If you want to use your credit card to build your credit score, experts suggest that credit utilization ratio should be kept below 30 %.

Your credit utilization ratio should be below 30 percent for a better chance of having your credit line increase request approved.

Your credit utilization ratio — your balance divided by your credit limit — should be below 30 % on each credit card.

This is still good but it is advisable to keep the credit utilization ratio on each card below 30 %.

After keeping my utilization ratio below 7 %, my score went up 49 pts in the first month and that is really helpful with a credit score of 595.

That's because a higher credit card limit can send an otherwise shaky credit utilization ratio back down below that 30 % target.

Ideally you want to keep your credit utilization ratio as low as possible — below 30 % is usually the recommendation.

VantageScore advises consumers to keep their utilization ratios below 30 %, but «the lower the better,» says Barry Paperno, who answers credit questions at his website, SpeakingOfCredit.com.

In fact, having more cards and staying well below your credit limits improves your credit utilization ratio, which is a big component in calculating your credit score.

In fact, it is suggested that your credit utilization ratio should be kept below 30 %.

It's smart to stay below 30 % of your total available credit (credit utilization ratio) during the course of each month.

We all know that the optimal debt - to - credit limit, or «utilization» ratio, is below 10 %.

Experts advise that credit utilization ratio should be kept below 30 %.

Since you'll need to keep your credit utilization ratio at 30 percent or below to do well in this area, focus on paying down revolving debt before installment loans.