Personal Finance

Better Finances for a Better You

Topic: "Credit Utilization Ratio"

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Budgeting

5 common credit mistakes you should avoid in your 20s by Megan DeMatteo 1) Spending without a plan 2) Using debit over credit 3) Waiting to establish credit 4) Not understanding key terms 5) Getting store cards on a whim

It can be hard to get your finances together in your 20s, find some helpful tips here →

Word of the week

Credit Utilization Ratio

A comparison of your available credit to how much you have actually utilized. A good credit score can be attributed to a low utilization ratio. The ideal target is to use 30% or less of your available credit.

You can view your personal ratio with our Health Check →

← Curating the web to find the most interesting and helpful information about your money.