Borrowing from the bank usage is actually a proportion that displays exactly how much of your readily available borrowing you are having fun with
Borrowing from the bank usage is actually a proportion that displays exactly how much of your readily available borrowing you are having fun with
Such, can you imagine you really have a charge card which have a max restriction out-of $500. At the end of the newest times, you have racked upwards personal credit card debt totaling $100. That renders your own borrowing from the bank use 20%. (more…)