"Keep your utilization rates low," Yang said in a recent video. Don't Miss: Keeping your credit utilization ratio in check ...

New credit: 10 percent Credit utilization isn’t as heavily weighted as your payment history, but your credit utilization ratio is still the second-most important factor affecting your credit score.

Per-card utilization is the utilization ratio for each of your cards. For example, if you have a credit card with a $1,000 limit and a $800 balance, your per-card utilization would be 80%.

Your credit utilization ratio or rate is a measure of how much of your available credit you're using. It's calculated by dividing your credit card balance by the credit limit.

Your credit utilization ratio Your credit utilization ratio is a huge factor in your credit score, and it's easy to figure out what yours is. Just divide your total revolving debt (namely, your ...

“Canceling a credit card reduces your available credit immediately,” said Ted Rossman, senior industry analyst at comparison site Bankrate. “And because credit utilization is an important ...

Credit cards can be helpful if used wisely, but common mistakes—like paying only the minimum, missing due dates, overspending ...

That's a utilization ratio of 40% (yikes!). New high-limit card: If you get approved for a card with a $15,000 limit, and keep your same spending level at around $2,000 on average, your ...