"Is the Best Utilization Ratio 30% or 10%? I’m So Confused!"

There’s a lot of confusion about the best utilization ratio for your credit score—understandably so, since misinformation about this topic is everywhere! Fortunately, credit expert John Ulzheimer has the one correct answer to this question. Watch the video to find out what the best target utilization ratio is and why!

TIMESTAMPS
0:00 Intro
0:32 What is revolving utilization?
1:03 Confusion about credit utilization ratios
1:36 The correct target utilization ratio
2:29 Target utilization ratio for VantageScore credit scores
2:58 Target utilization ratio for FICO scores
3:59 Why 30% is not the best utilization ratio
4:22 The other 30% credit utilization myth

ABOUT CREDIT COUNTDOWN
Credit expert John Ulzheimer shows you how credit works. Having worked in the credit industry for nearly three decades for companies such as FICO, Equifax, and Credit.com, John Ulzheimer is one of our nation’s most sought-after credit experts and the leading authority on credit-related topics.

VISIT AND SUBSCRIBE TO OUR CHANNEL
   / @tradelinesupply  

SHOP FOR TRADELINES AT
https://tradelinesupply.com/

GET IN TOUCH
Contact us at https://tradelinesupply.com/contact/

JOIN US TO PROMOTE CREDIT EQUALITY ON SOCIAL
Twitter:   / tradelinesupply  
Facebook:   / tradelinesupply  
LinkedIn:   / 18264825  
Instagram:   / tradelinesupplyco