Why You Should Aim for 1% Credit Utilization
by Kate Dore on Two Cents, shared by Kate Dore to Lif from Lifehacker on (#563YJ)
Boosting your credit score often feels like a game-and you may not learn the rules until after you have broken one of them. One big rule-a rule that impacts 30% of your credit score-is the percentage of credit you are using, or your credit utilization. While experts say to keep your credit utilization below 10%, a new ...