Sentences with phrase «keep your credit utilization low so»

You should try as much as possible to keep your credit utilization low so that you can appear good in the eyes of the credit bureaus.

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.

Don't forget that credit utilization makes up 30 % of your credit score, so the better you are keeping your balances low, the higher your credit score will (potentially) be.

Our tip: never use more than 10 % -20 % of the available credit, so you keep your utilization low.

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.

You should also keep your secured card's balance reasonably low, so your credit utilization ratio (the total amount of available credit you use on a monthly basis) stays down.

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.

So if you are making every single payment on time and keeping your credit utilization low, but still seeing a stagnant credit score, you may want to look at other aspects of your credit history.

So, if you've run up a high balance on a credit card with a low limit, it's wise to pay it down a little before the end of the billing period to keep the credit utilization rate low on the day it's calculated.

She never carries a balance so it was a great boost to my credit and kept my utilization really low.