Credit Utilization
Credit utilization is a term that refers to the amount of credit that a person is using compared to the amount of credit that is available to them. A high credit utilization ratio can be a red flag for lenders, as it may indicate that a person is struggling to manage their debt. Continue Reading Below
Encyclopedia Articles
Discover the definition of financial terms related to credit utilization.
Maxed Out Credit Card: What Happens, How It Hurts Your Score, and How to Fix It
Justin Smith
What Is Credit Mix? How Account Diversity Affects Your Credit Score
Andrew Latham
What Is Credit Utilization? How It Affects Your Credit Score and How to Lower It
Andrew Latham
Statement Balance vs. Current Balance: Definition, How it Works & Key Differences
Andrew Latham
What Is Available Credit?
Cara Corey
Cash Advances Explained: How They Work, Types, and Examples
SuperMoney Team
Revolving Account: Meaning and Impact on Credit Score
SuperMoney Team
Prepayment Privilege: What It Is, How It Works, and Its Impact on Borrowers
Dan Agbo
Minimum Spend: Definition, Strategies, and Considerations
Alessandra Nicole
Convenience Checks: How They Work and Examples
Silas Bamigbola
Learn About Credit Utilization
Charge Card vs. Credit Card: What are the Differences?
Benjamin Locke
What Is a Good FICO Score 8? Ranges, Uses & How to Improve It
Andrew Latham
How Many Credit Cards Should I Have? The Answer Depends on These 4 Factors
Andrew Latham
How to Lower Your Credit Utilization Ratio
Jessica Walrack
What is the Ideal Credit Utilization Rate?
Ben Luthi
Credit Card Limit: What It Is, How It's Set, and How to Increase It
Andrew Latham
How Do Credit Ratings Affect Interest Rates For Personal Loans?
SuperMoney Team
How Credit Card Rewards Work: Points, Miles, and Cash Back
Andrew Latham
Credit Utilization Ratio: What It Is, How It's Calculated, and How to Improve It
Andrew Latham
Minimum Credit Card Payment: How It's Calculated and What It Really Costs
Andrew Latham
Should You Pay Off Credit Card Debt Before Applying For a Mortgage?
Lacey Stark
How Debt Consolidation Affects Your Credit Score: What Borrowers Should Know
Andrew Latham
Can You Overdraft a Credit Card?
Justin Smith
Does Taking a Cash Advance Hurt Your Credit Score?
Andrew Latham
How Home Equity Investments Affect Your Credit
Andrew Latham
Using Your Credit Card and Maintaining a High Credit Score
Gina Roberts-Grey