23 Dec, 2024

What is a Credit Utilization Rate and Why Does it Matter?

‍ Image Source: FreeImages‍ Are you curious about how your credit card usage affects your credit score? One crucial factor to consider is your credit utilization rate. In simple terms, this rate refers to the percentage of your available credit that you’re currently using. Understanding your credit utilization rate and why it matters is essential […]

15 mins read