A consumer with a $1,000 credit limit and a $300 balance has a credit utilization ratio of 30%.

Authors

• Person: Not available Organization: Centier Bank
  How Does Credit Utilization Affect Your Credit Score? - Centier Bank

Sources

• How Does Credit Utilization Affect Your Credit Score? - Centier Bank www.centier.com Centier Bank via serper

Referenced by nodes (2)

• credit utilization ratio concept
• credit limit concept