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What is a high balance on your credit report 2024?

Isabella Patel | 2023-05-07 10:01:28 | page views:1653
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Benjamin Wright

Works at the World Health Organization, Lives in Geneva, Switzerland.
That is, the highest monthly balance you have ever owed on that credit card account or during a particular period of time as determined by the issuer. In some cases, this amount can impact your debt-to-credit limit ratio, or utilization, which contributes toward a factor worth 30 percent of your FICO score.
2023-05-07 10:01:28

Harper Perez

QuesHub.com delivers expert answers and knowledge to you.
That is, the highest monthly balance you have ever owed on that credit card account or during a particular period of time as determined by the issuer. In some cases, this amount can impact your debt-to-credit limit ratio, or utilization, which contributes toward a factor worth 30 percent of your FICO score.
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