Do you know what credit utilization is or how it may be negatively impacting your credit score? We give you the scoop.
Posts Tagged ‘credit utilization’
What the Heck is Credit Utilization?
February 6, 20126 Common Credit Mistakes to Avoid
November 28, 2011Lenders, utility companies and even employers are considering consumer credit reports and data provided by credit bureaus more than ever before. Even world governments are having their credit ratings scrutinized.
Keeping your credit in tip-top shape is very important. Let’s take a look at a few common credit mistakes I hear people making over-and-over.
Warning! Close Your Credit Card Accounts with Care
October 10, 2011Discussions about credit improvement often focus on the dos. However, in many cases, the don’ts are just as important. Find out what don’ts you may be doing and how these actions may be negatively impacting your credit score.
Post-Buyer’s Remorse: Proven Ways to Improve Your Credit Score
October 30, 2010Let’s face it, we’ve all been there. You’ve enjoyed a fun and indulgent spending spree, and yes, you charged everything to your credit card. One month and many blissful purchases later, you find yourself facing a huge credit card bill. You don’t have the money to pay for it, so you pay the minimum balance due. This is dangerous, and in many cases, can cost you your credit score – and ultimately your financial future. Find out how to redeem yourself – and your credit score – after a spending spree.
10 Credit Score Facts and Fictions
April 27, 2010If you’re a fan of TV’s “Mythbusters,” then you may already know the truth about many popular fictions – like how a heated Jawbreaker can explode when you bite into it or that your toilet seat is the cleanest surface in your house. While these are fun myths to debunk, knowing the facts of these fictional stories won’t affect your personal finances. What can impact your wallet is what you know and don’t know about your credit score. Here are the real facts behind 10 common credit score fictions.
7 Tips to Protect Your Credit during the Holidays
November 16, 2009With the holidays just around the corner, there’s no time like the present to get smart about your credit. Give yourself the gift of good credit by making intelligent decisions this holiday season. After all, good credit is the gift that keeps on giving. 1. Check Your Credit Before the Holidays A single error on [...]
Will Closing Credit Card Accounts Help Your Credit Score?
May 29, 2008Quizzle is a Knowledge Partner on Yahoo! Answers and frequently helps folks there with questions about personal finance and credit. One question that seems to come up frequently is: will closing credit card account boost my credit score? The short answer is generally, no. Roughly 30 percent of your credit score is “amounts owed,” which [...]
Beware of Credit Card High Balances
February 14, 2008A complete home and money know-how includes a solid understanding of a variety of topics – some you may not think go hand in hand, including your credit, home appreciation, mortgage options, budgeting and rainy day fund. To help you stay ahead of the curve, I’m starting a Home and Money Tip series that will [...]
Credit Card Q&A
December 13, 2007It’s more important than ever to take care of your credit. But what’s good for your credit score isn’t always obvious (or logical). Here’s a great Credit Cards 101 article, which answers a lot of common questions about credit cards and credit scores.
