Centier Bank classifies credit utilization levels into five categories: 0-10% is considered Excellent and low-risk; 11-30% is Good; 31-50% is Fair and may be perceived as higher risk; 51-70% is High and can negatively impact credit scores; and 71% or higher is Very High and can seriously harm credit scores.

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 (1)

• Credit Utilization concept