"credit usage" is a correct and usable phrase in written English.
You could use it when you are referring to how much someone has used credit, for example: "The borrower had high credit usage, so their interest rate was higher."
But I do think we need to do a better job, particularly when it comes to things like credit cards, of figuring out how much of the fall in credit usage is the result of shrinking demand (consumers restraining their spending) and how much is the result of shrinking supply.
Americans overreacted in a burst of patriotic fervour; credit usage plunged and GDP fell by an annualised 8%, the steepest quarterly drop in the past 50 years.Since then the influence of debt has probably grown as the economy has become more credit-intensive.
It is often suggested to keep your credit usage below the 30 –only utilize 30percentt of your issued credit limit.
Estimates indicate that as many as 70 million consumers are "credit underserved". Part of the issue is that credit scoring models still rely heavily on credit usage.
In the model credit usage depends on the current stock of cash, a novel result that matches recent micro evidence on household's payment choices.
Instead, the feature lets users see how they compare with others in their age group, income group, and in the same region, allowing them to compare things like total debt and credit usage.
"They are capable of tracking your credit card usage, phone usage, your A.T.M. usage, whatever you can access electronically," Mr. Strock said.
Unfortunately, I have to take away all his credit for usage.
Although cash withdrawals from banks have been limited to €60 a day since the restrictions were announced, credit card usage and e-banking have both continued unencumbered.
