Sentences with phrase «utilization calculations measure»

Not exact matches

Amounts owed (30 percent of your score) Another set of scoring calculations where you essentially can't have too much of a good thing are those factors that measure how much of your available credit you're using: credit card utilization (balance / limit ratio).

The most critical scoring distinction between cards and loans tends to be within the amounts - owed category, where loan debt carries far less scoring weight than credit card debt, which includes credit utilization and some other debt - measuring calculations.

It's best to think of utilization as consisting of two major calculations — together almost 30 percent of your score — that measure how much you owe:

Revolving and installment utilization calculations use the following formulas to measure your credit usage, with lower percentages always being best for your score: