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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  

About 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. Maintaining a low credit utilization ratio can help to improve your credit score and make it easier to obtain credit in the future.