Sentences with phrase «high debt usage»

So to avoid penalties due to high debt usage ratio you just need to keep the balance of each card below 20 % of credit limit.

A high balance on a business card that appears on an individual's personal credit can mean a high debt usage ratio which can lower credit scores.

Not exact matches

The APR offered will depend on your credit score, income, debt payment obligations, loan amount, loan term, credit usage history and other factors, and therefore may be higher than our lowest advertised rate.

Here's what we do know: FICO does say that consumers with the highest credit scores, on average, maintain debt usage ratios below 10 %.

This demographic exhibits the highest usage of payday loans among all age groups even if their total payday loan debt, at $ 2,292, is lower.