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What is a Good Credit Utilization Ratio?

What is a Good Credit Utilization Ratio?

The general rule of thumb with credit utilization is to stay between 30-40%. This is applicable to every individual card and your entire credit utilization ratio. Anything higher than the above-mentioned percent can cause a dip in your credit score as creditor relates this to a credit hungry behaviour. This does not mean that one cannot ever cross 40% of the credit utilization on any card. The impact on credit score is more only if high utilization seems to be a common pattern over last 6-12 months.
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