Sentences with phrase «great credit utilization ratio»

Not exact matches

So if you keep that credit utilization ratio low and don't miss any payments, you will be on your way to a great score.

If you become burdened by debt, there's a greater likelihood of missing payments and / or seeing your credit utilization ratio creep closer to 100 %.

Another great thing about an excellent score is that as long as payments continue being made on time and credit utilization (card balances / credit limits ratio) is kept as low as possible, the score can recover relatively quickly — typically within six months — from some of the lesser «offenses,» such as opening new accounts.