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  2. What is credit card churning? - AOL

    www.aol.com/finance/credit-card-churning...

    Over the long haul, having a lot of available credit can actually help you because it makes it easier to maintain a low credit utilization ratio (credit you’re using divided by credit available ...

  3. Everything you need to know about credit utilization ratio - AOL

    www.aol.com/finance/everything-know-credit...

    For example, if you have an overall credit utilization of 20 percent with five cards, but you’re at a utilization ratio of 95 percent on one card, it will still negatively impact your credit score.

  4. How to cancel a credit card without hurting your credit score

    www.aol.com/finance/cancel-credit-card-without...

    Canceling a credit card delivers a hit to your credit score, but you can minimize the damage. Here’s how. ... Your credit utilization ratio is 20 percent (1000 / 5,000 = 0.2), which is pretty good.

  5. Is it better to pay off your credit card or keep a balance? - AOL

    www.aol.com/finance/better-pay-off-credit-card...

    First and foremost, carrying a balance will affect your credit utilization ratio, which makes up 30% of your credit score calculation. This applies even if you’re carrying a balance on a 0 ...

  6. How many credit cards is too many? - AOL

    www.aol.com/finance/many-credit-cards-too-many...

    If you typically spend $1,000 between the two credit cards monthly, your credit utilization is 10 percent (1,000 / 10,000 = 0.10). If you get a new card with a $2,000 limit and continue spending ...

  7. What to know before closing a credit card with a balance - AOL

    www.aol.com/finance/know-closing-credit-card...

    Credit utilization: Closing a credit card account can also impact your credit utilization ratio, or the amount of debt you have relative to the total amount of credit available to you. This factor ...

  8. How Many Credit Cards Is Too Many? Here’s How to Find Out - AOL

    www.aol.com/finance/many-credit-cards-too-many...

    If you get a second credit card with a $4,000 credit limit but continue to only spend about $2,000 between the two cards, your credit utilization ratio drops to 25%.

  9. You Don't Need a Perfect Credit Score. Here's a Better Target

    www.aol.com/dont-perfect-credit-score-heres...

    The optimal credit score is a 760 or higher under the FICO scoring system. ... If you avoid charging too much to your credit card, it's good for your credit utilization ratio, another key factor ...