Lenders use credit utilization as a metric to assess how responsibly a consumer manages revolving credit, such as credit cards and lines of credit.

Authors

• Person: Not available Organization: Lafayette Federal Credit Union
  Understanding Credit Utilization: How it impacts your score.

Sources

• Understanding Credit Utilization: How it impacts your score. www.lfcu.org Lafayette Federal Credit Union via serper

Referenced by nodes (2)

• Credit Utilization concept
• revolving credit concept