Credit card utilization tip for better score
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Credit card utilization tip for better score
2 months ago
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Is Credit Utilization Based on All Cards or Just One?
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Credit card utilization rate impacts explained
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1:04
Replying to @Str8talk there are two components to credit card utilization each individual account and the total overall. Even having one credit card that is maxed out with high utilization will absolutely cause a negative impact to your credit score and lower your approval and or credit limits on any new credit cards you go after let me know what other credit tips you would like me to cover #credittips #creditcard #moneytips #creditscore
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TikTokiteachcredit
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TikTokbigbusinessjen
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Credit utilization matters more than most people realize. It’s the percentage of your available credit you’re actually using, and it can make or break your score. Even small balances can hurt if your cards are close to maxed. A good rule of thumb? Keep each card under 30% utilization (lower is even better). Want to know how your utilization specifically impacts your credit score for a mortgage approval? Reach out to me and I’ll walk you through it. 💌[email protected] Tyra Anderson|Mortgage
161 views2 months ago
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