Sentences with phrase «for keeping your credit utilization low»

One strategy I suggested for keeping your credit utilization low was to pay off a large purchase on your card right away.

Not exact matches

This ensures that you don't pay interest and it keeps your credit utilization ratio low, which is good for your credit.

For the purposes of maximizing your FICO score for travel hacking, keep your account credit utilization low: ideally, you want your balances at less than 30 % of your available credit all the tiFor the purposes of maximizing your FICO score for travel hacking, keep your account credit utilization low: ideally, you want your balances at less than 30 % of your available credit all the tifor travel hacking, keep your account credit utilization low: ideally, you want your balances at less than 30 % of your available credit all the time.

Keeping those old credit cards open will not lower your credit utilization which accounts for 30 % of your credit score.

This ensures that you don't pay interest and it keeps your credit utilization ratio low, which is good for your credit.

Second, there is such a thing as loan utilization (remaining balance divided by initial loan amount), and keeping it low is as beneficial as it is for your credit card utilization.

And doing everything right means making your payments on time, keeping your credit utilization ratio low (that's the amount of debt you carry versus your credit limit) and avoiding applying for too many credit products.

Stop applying for new credit cards about one year before you apply for a major loan, continue to always pay your balance off in full every statement, and aim to keep your credit utilization at 10 percent or lower for all your personal credit cards.

Tips for getting your score higher such as keeping your credit card utilization low and paying off your cards 2x per month or even more!

Note that a closed account in good standing remains in your credit history for 10 years, so you'll benefit from your track record; however, keeping no - fee credit cards open (and using them now and then) is smart to help your utilization ratio stay low.

So when you make your case to the bank, you can tell them that you spend for more than what the credit is allotted and in keeping your utilization low.

But you don't have to charge a lot to get the credit score benefit (in fact, it's better if you keep your credit utilization low), so you could still use cash for out - of - pocket expenses and charge one or two monthly expenses, such as your Internet and electricity bills, to your credit card.

Sign up for our Credit Optimizer feature, and we'll pay your credit cards once a week, which keeps your utilization (30 % of your FICO score) low throughout the Credit Optimizer feature, and we'll pay your credit cards once a week, which keeps your utilization (30 % of your FICO score) low throughout the credit cards once a week, which keeps your utilization (30 % of your FICO score) low throughout the month.

Credit utilization important for businesses, too — Paying your balance in full every month is ideal but if you can't manage that, keep your balance as low as possible... (See Business cCredit utilization important for businesses, too — Paying your balance in full every month is ideal but if you can't manage that, keep your balance as low as possible... (See Business creditcredit)

As long as you keep your credit utilization low and make your payments on time, you shouldn't see a negative impact on your credit score from applying for cards.

You don't want to lose any of your credit lines, as having plenty of credit helps keep your utilization ratio low, which is good for your credit score.

I currently have one business card each for both of them through capital one that I got using personal guarantees but the credit limits are very low (1000 and 500 respectively) but I keep the utilization rate sub 20 %.