Sentences with phrase «make overall credit utilization ratio»

Any slight increase in the balance of any of the remaining two credit cards will not only increase the credit utilization of the card, it will make the overall credit utilization ratio to jump above 30 %.

Not exact matches

Getting rid of an account could raise your overall credit utilization ratio and make it look like you're using a high percentage of your total credit line.

Overall, a good rule of thumb when making a credit card payment is to make a payment whenever your credit utilization ratio starts to rise to that 30 % mark, regardless of when your bill is actually due.

This is known as their «credit utilization ratio,» and makes up 30 percent of their overall credit scores.