In the credit rating perspective, it number might be 30% otherwise lower
Your own borrowing from the bank utilization ratio , and therefore ways exactly how much of your own readily available revolving borrowing harmony you have put, has a thirty% weightage on your own credit history. Including, if you have around three playing cards with a mixed balance of $15,000 and you can are obligated to pay a total of $eight,500, their borrowing from the bank use ratio was fifty%.
