What is the recommended credit utilization ratio to improve your credit score? Credit Questions
Do you want to improve your credit score fast and easy? Then you need to know how to optimize your credit utilization ratio. This is the percentage of your available credit that you use each month. It is one of the most important factors that affect your credit score.
In this article, you will learn what is the recommended credit utilization ratio to boost your credit score, how to calculate it, and how to lower it if it is too high. You will also find out how credit repair services can help you improve your credit score by removing negative items from your credit report. Seize this opportunity to manage your finances and accomplish your goals.
Read this article now and discover how to improve your credit score with the right credit utilization ratio.
Can you answer these credit questions?
What is the recommended credit utilization ratio to improve your credit score?
A) Less than 10%
B) Less than 30%
C) Less than 50%
D) Less than 70%
The answer is B.
What is the highest credit score you can get on the FICO and VantageScore scales?
A) 750
B) 800
C) 850
D) 900
The answer is C 850
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