Maxing out a credit card once can ding your score and flexibility, but the damage is usually temporary if you act fast.

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Keeping this ratio low can give a big boost to your credit score Written By Written by Contributor, Buy Side Michelle Lambright Black is a contributor to Buy Side and credit expert specializing in ...

Accredited Debt Relief reports that higher credit card limits can lead to overspending and increased debt; managing limits ...

Lenders use updated income to reassess risk. If you don’t respond, they may assume your finances worsened and cut your credit ...

Your credit card spending can impact your credit score. The more of your available credit you use at once, the more it has the potential to drag your score down. Find ways to manage your credit cards ...

I know that you should keep your utilization down, under 50%. However, what is more important: that each card be under 50% or that the average be under 50%? I have one card that has an extremely low ...

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 ...

Some factors matter a lot more than others when determining credit scores, and one of these critical factors is your credit utilization ratio. Your credit utilization can impact your life in more ways ...