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

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

   To better understand how your individual utilization rate is calculated, let’s run through an example: If you spend $500 on a credit card with a $5,000 credit limit, that equals a 10 percent ...

3. Do balance transfers hurt your credit score? - AOL

   www.aol.com/finance/balance-transfers-hurt...

   If you get a high enough credit limit, a balance transfer can help your credit score by lowering your credit utilization ratio. For example, say you currently have two credit cards. Your first ...

4. Do balance transfers hurt your credit score? - AOL

   www.aol.com/finance/balance-transfers-hurt...

   1. Your score will drop when you apply for a balance transfer card. Every time you add a new credit card to your wallet, it affects your credit score. When you apply, the card issuer runs a hard ...

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? 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%. You should aim to keep your ...

7. 7 Things You Need To Do Now If You’ve Maxed Out Your Credit Card

   www.aol.com/7-things-now-ve-maxed-170009238.html

   This is because credit utilization — credit used divided by total credit available — makes up 30% of your score. Focus on paying down your balance to get your credit utilization below 30%.”

8. What is considered a bad credit score? - AOL

   www.aol.com/finance/considered-bad-credit-score...

   Those with bad credit might also find it harder to qualify for a credit card or get stuck with lower credit limits and higher interest rates if they are approved — something that could quickly ...

9. Is no credit better than bad credit? - AOL

   www.aol.com/finance/no-credit-better-bad-credit...

   Too many hard credit checks. High credit utilization. ... credit issuers will assign higher interest rates to people with bad credit. Additionally, landlords, mortgage issuers, auto dealers and ...