However, the younger generations (X, Y, and Z) have the highest amount of
revolving credit card usage.
Not exact matches
Extensive
credit card usage and
revolving accounts indicating increasing account balances approaching the
credit card limits can kill the prospects.
If you can juggle responsible
usage of your
cards, a car payment, student loans, or other
revolving / installment expenses, it proves your creditworthiness and serves to improve your
credit score.
Your «debt
usage» ratio or «utilization ratio» compares your balances on your
revolving accounts, like
credit cards, to your
credit limits.