Sentences with phrase «debt by total credit limits»
This percentage is calculated by dividing your total debt by your total credit limits.
https://www.mybanktracker.com/
Determined by dividing total debt by total credit limits.
Not exact matches
Shifting credit card balances from an existing card to another will not change the credit utilization ratio, as it looks at the total amount of debt outstanding divided by your total credit card limits.
If not, you can improve this part of your score by paying off debts or increasing your total credit limit (which could include opening another card).
On - time - payments account for 35 % of your score, while credit utilization (debt divided by total available credit limits) accounts for 30 %.