📊 What Is Credit Utilization (And Why It Matters for Your Credit Score)?
Credit utilization is one of the most important factors in your credit score—yet most people don’t track it at all. It’s simply the percentage of your available credit that you’re currently using.
Example: If your credit card limit is $1,000 and you’ve spent $300, your utilization is 30%.
Financial experts recommend keeping it below 30%, and ideally under 10%, to get the best impact on your credit score.
💡 Want to Check Your Credit Utilization Instantly?
I built a free tool that helps you calculate it in seconds: 👉 CreditUtilizationCalculator.com
Just enter your credit limits and balances, and the calculator shows your total utilization instantly—no signup required.
🏦 Why You Should Track Your Utilization
✔ Helps improve your FICO score ✔ Shows if you're using too much credit ✔ Helps you plan payments more smartly ✔ Gives you a clearer picture of your financial health
If you care about building better credit, start by tracking your utilization regularly. Try the tool here: CreditUtilizationCalculator.com
