Managing Revolving Credit Usage for Better FICO Scores: The Essential Guide

6 months ago 54

Credit utilization is one of the primary credit score factors in many credit scoring models and comprises 30% of the FICO score. Lower credit utilization helps improve credit or maintain a good credit score, while higher revolving utilization rates can significantly lower a credit score. The post Managing Revolving Credit Usage for Better FICO Scores: The Essential Guide appeared first on United Capital Source.


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