Maintaining a credit utilization ratio below 30% is essential for personal finance because a high ratio may harm an individual's credit score.

Authors

• Person: Not available Organization: Western & Southern Financial Group
  What is Personal Finance? A Guide to Managing Your Money

Sources

• What is Personal Finance? A Guide to Managing Your Money www.westernsouthern.com Western & Southern Financial Group via serper

Referenced by nodes (2)

• credit utilization ratio concept
• credit score concept