Not exact matches
Credit bureaus consider a lower
utilization ratio a
positive sign because you're not spending too much compared to your limit.
The biggest
positive impact it will have is to bring up your
credit score by reducing your
credit card
utilization ratio.
It has a more
positive impact on your
credit utilization ratio, which is the amount you owe compared to the total amount of
credit you have.
The
credit bureaus consider a
credit utilization ratio of up to 30 % to be a
positive for your
credit score.
Finally, it will impact both your
credit utilization ratio and your payment history in a
positive way.
This allows you to build
positive payment history while maintain a 0 %
credit utilization ratio.
A lower
credit utilization ratio is considered a
positive factor for your
credit score.
It is easy to assume that having no debt at all is a good thing and that a
credit utilization ratio of 0 % will have a
positive effect on your
credit score.
You reduced your
credit utilization ratio over both
credit cards to 40 percent, which should be a
positive signal.
As a rule, a
credit utilization ratio of 30 % or less has a
positive impact on your
credit score.