Credit Utilization: The One Factor That Could Be Lowering Your Score
Are you among the millions striving to understand how credit scores work or why your score remains stagnant despite your best efforts? One of the elusive yet critical factors affecting your credit score is credit utilization. Often misunderstood and easily overlooked, this component of your credit management could be what stands between you and your desired credit score. But fear not! By demystifying credit utilization and learning how to manage it wisely, you can take significant strides toward improving your credit health.