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Old 05-04-2017, 03:31 PM
rosemary rosemary is offline
Junior Member
Join Date: May 2017
Posts: 1
Default Re: How To Improve Your Credit Score

Amounts you owe make up 30% of your credit score. Most people don't know that their credit utilization ratio is a big factor here. This ratio is the percentage of your total available credit that you're using. e.g.: $2,000 charged to credit cards divided by $10,000 total available credit = 20% utilization. Even if you pay your bills on time and in full, be sure to keep your utilization on each card below 30% to avoid getting penalized for a ratio that's too high.
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