Tag utilization

How Do I Determine My Credit Utilization?

Understanding and managing your credit utilization is an essential aspect of maintaining a healthy credit profile. Your credit utilization ratio directly impacts your credit score, and having a high utilization can negatively impact your financial well-being. In this article, we… Continue Reading →

Credit Utilization = Balance √∑ Credit Limit

Understanding credit utilization, its calculation, and its importance is crucial when managing your finances. Credit utilization refers to the percentage of your available credit that you are currently using. It plays a significant role in determining your credit score and… Continue Reading →

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