Your credit utilization ratio is determined by taking the amount you owe on a credit card and dividing it by your credit limit. Credit utilization is an important factor in your credit score. Most ...

Did you know that the average American household is currently grappling with about $8,000 of credit card debt? This bleak ...

If your limits are low, your credit scores are probably lower due to high utilization. To calculate utilization, most credit scoring models compare your credit card balances to their credit limits as ...

This article discusses how debit and credit cards work, including their pros and cons. It ends with some helpful tips and ...