utilization

concept
2 mentions 1 recordings first heard May 2021 last heard May 2021 ±0 this week

Ratio of used credit to total credit limit

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mentions per day · public audio 7d30d6M12M
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Amber BurtonWSJ Your Money Briefing · The Hidden Costs of Holding On to Old Credit Cards · 6:27 · May 2021
…Your overall credit limit goes down and your utilization goes up.…
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Amber BurtonWSJ Your Money Briefing · The Hidden Costs of Holding On to Old Credit Cards · 6:18 · May 2021
…So utilization is the percentage of credit that you are using, and you want it to be as low as possible.…
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