Having a low
credit utilization ratio usually results in a higher FICO score.
Not exact matches
That is why people
usually refer to it as
credit utilization ratio or
credit utilization rate.
Ideally you want to keep your
credit utilization ratio as low as possible — below 30 % is
usually the recommendation.
Low
credit utilization ratio: Your
credit utilization ratio is one of those criteria that
credit bureaus
usually consider when calculating your
credit score.
In the
credit scoring world, a good
credit utilization ratio is
usually 30 % or less.