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"Also, if you want to raise your credit score, keep your utilization below 10percentt.
A good rule is to keep your utilization rate to less than 30percentt.
For 2015, make it a rule to keep your utilization under 20percentt.
Generally speaking, you want to keep your utilization below 30% of a card's credit limit.
Similar(56)
"You need to maximize the amount of your available credit because it keeps your utilization low".
In general, you should keep your credit utilization below 30%.
It's best to keep your credit utilization rate below 30percentt.
A good rule of thumb is to keep your total credit utilization of your credit card accounts under the 10% mark.
It's also wise to keep your total debt low in relation to your credit limits, as credit utilization comprises 30% of your score.
While occasionally practicing what you already know is good to keep your skills sharp, practicing things that you find challenging is a much better utilization of your time on the guitar.
If you keep your spending steady, opening new cards — or raising the credit limit on your existing cards — lowers your utilization rate and generally lifts your score over time.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com