"Credit usage" refers to how much of your available credit limit you are using. It usually applies to credit cards or loans.
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«credit»
«usage»
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Phrases with «credit usage»
Sentences with «credit usage»
- Although major improvements in credit take several months (and sometimes years) of responsible credit usage and money management, some personal finance blogs recommend raising your credit limit. (veteransunited.com)
- Higher rates are customary since new cardholders have not yet shown a history of credit usage and repayment behavior. (mybanktracker.com)
- A consumer's credit usage ratio has a monumental impact on their overall FICO score. (nationalcreditfixers.com)
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