Jul 30, 2014
7:41:53pm
7:41:53pm
My understanding is that credit utilization is
The balance on the card at any given time. In other words, if you charge 5000 on the card with a 10000 limit and pay it off, you have a utilization rate of 50%.
But I am not the most knowledgeable about this, so correct me if I am wrong.
But I am not the most knowledgeable about this, so correct me if I am wrong.
Originally posted on Jul 30, 2014 at 7:41:53pm
Message modified by RexIdaCoug on Jul 30, 2014 at 7:42:33pm
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