Quote:
Originally Posted by Hawkeye
Only total utilization ratio really matters to the credit score AFAIK.
Also, the rule of thumb I have heard is keep the total under 10%, 30% seems really high.
|
I remember the class i took mention 30% or less to affect your credit (but that was over 20yrs ago. LoL). 10% is of course better than 30%, and if one can afford to do so pay off entire balance at end of each month is best.