longislander53

1 Contributions 1 People Helped

Member Since: January 2014

Most Helpful Contribution

The Relationship Between Your Credit Score and Credit Card Utilization Rate

Sep 11, 2016
Helpful to 1 out of 1 people

So basically if you use your credit to make a somewhat large purchase (2,330.00 dollars)  your credit turns to crap.  My score went down 27 points because of this.  Sorry, it doesn't make sense.  I understand the factors but it still means you must use your credit extremely carefully.  So to make a purchase for my home, i got nailed!   

Activity (1 Total Contributions)

The Relationship Between Your Credit Score and Credit Card Utilization Rate

Sep 11, 2016
Helpful to 1 out of 1 people

So basically if you use your credit to make a somewhat large purchase (2,330.00 dollars)  your credit turns to crap.  My score went down 27 points because of this.  Sorry, it doesn't make sense.  I understand the factors but it still means you must use your credit extremely carefully.  So to make a purchase for my home, i got nailed!