Credit Utilization Explained
One of the most common credit conversations I have with buyers is not related to credit score, but the effect of their credit utilization on their credit score. Credit utilization is the percentage of your available revolving credit that you're currently using compared to the total credit you have available in revolving accounts. Without looking at the document I have attached, how much weight do you think credit utilization has on your credit score? Once you make a guess, download the document I have attached and read all about the impact of utilization on your credit score. Then book a call with me to discuss where you are, where you need to be, and how we can create a plan to get there. https://drive.google.com/file/d/1aNdav_tnLp7pG4ha2njZG3v3sOfw6Zjd/view?usp=sharing