Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Thomas J. Brock is a CFA and CPA with more ...

Your credit utilization ratio accounts for 30 percent of your FICO score and is calculated by dividing the total debt you have on your revolving credit accounts by your total credit limits you have on ...

Your credit utilization ratio is determined by taking the amount you owe on a credit card and dividing it by your credit limit. Credit utilization is an important factor in your credit score. Most ...

Using no more than 30% of your credit limits is a guideline — and using less is better for your score. Many, or all, of the products featured on this page are from our advertising partners who ...

A high credit score unlocks a bunch of benefits. You can get a lower interest rate on any loan and qualify for better financing. Mortgage lenders will look at your FICO score before determining how ...

Your credit scores can wax and wane a bit like the moon, changing frequently as your credit accounts and balances change. However, big changes to your credit scores could be an indication that ...

Building a solid credit score is vital for your long-term financial future. Credit scores determine your eligibility for loans, credit cards, mortgages and even rental applications. A high score ...