Once you go over 30% use of the available credit that is available to you on your credit card, your credit score starts to be impacted. When you go over 50% you really start to see your score drop. You best bet to keep your fico socre up is to use your debit card or just pay cash. Don't buy what you cannot afford. It just is not worth it.
Is your fico score good?
Thursday, May 7, 2009
Why not to max your credit cards out
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Posted by Grandma Susie at 12:49 AM
Labels: credit reports, credit scores, fico scores, how do i get a good credit score
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