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What is a good credit utilization ratio?

What is a good credit utilization ratio?

linkremoval Trainee Asked on November 6, 2014 in Financial Services.
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2 Answer(s)

Credit utilization ratio is an important component of consumer creditscores.  It’s simply your total credit card balances divided by your total credit card limits.

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CA Mohnesh Kohli Trainee Answered on November 6, 2014.
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Credit utilization is the ratio of your credit card debt to credit limits. It has the second biggest factor influencing your FICO score.

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Nielgrey Trainee Answered on November 8, 2014.
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