Freedom Debt Relief reports that credit utilization affects scores; keep it under 30% for better credit health and check ...

Believing these common credit card myths could drag down your score. Learn the truth and build your credit the smart way.

A credit score is a three-digit number used by lenders to assess your creditworthiness, that is, how likely you are to repay ...

For example, if you have a credit card with a $5,000 credit limit and a $2,500 balance, your credit utilization is 50%. If you pay down the balance to $1,000, then the utilization will also drop ...

For example, if you have a credit card with a $5,000 credit limit and a $2,500 balance, your credit utilization is 50%. If you pay down the balance to $1,000, then the utilization will also drop ...