Term: credit utilization rate
3 found

5 Common Credit Score Killers

By Steven Shaw on 7/23/2015

credit score killers

Having a good credit score can help you save a lot of money over your lifetime, but many people find themselves with scores lower than they’d like because they don’t know how much everyday things can hurt their scores.

Of course, once you know what those things are, you’re better equipped to improve your credit. Here are five common things that can hurt your credit:

credit score
credit utilization rate
identity theft

The Most Misunderstood Credit Score Factor

By Steven Shaw on 1/19/2015
credit score factorDespite your best intentions, there may be times when you just have to carry a balance on your credit cards. When you do, how do you protect your credit score? Reader Eddie Vidmar writes:
credit score
credit utilization rate
credit utilization ratio

Could Making Minimum Payments Hurt Your Credit Score?

By Steven Shaw on 5/19/2014

Could Making Only the Minimum Payment Hurt Your Credit Score?

How you use your credit card can have a big effect on your credit score. Paying your bills on time and keeping your balance low relative to your credit limit has a direct impact on your score, but there’s a lot lenders can learn from the way you pay your credit card bills, too. 

credit report
credit score
credit utilization rate
minimum payment