Tag Archives: credit utliization


Credit Utilization: Master This Key Scoring Factor

Imagine two people borrowing the same amount of money from the same lender. One has a stellar credit utilization ratio. The other has a relatively poor number. Well, the first person could end up paying thousands of dollars less than the second individual due to a lower interest rate. Your credit utilization rate accounts for […]

Boo! Credit Scores Can Be Scary, Fear Not with These 5 Secrets

Credit Scores can seem scary when you think about how that three-digit number can affect so many financial decisions in your life. Frightening enough, that score can then scare away lenders when you’re applying for a loan or a mortgage. The ones not frightened away give you a horrifying interest rate! Before you go and […]