ouryugos21

1 Contributions 5 People Helped

Member Since: December 2013

Most Helpful Contribution

The Relationship Between Your Credit Score and Credit Card Utilization Rate

Oct 26, 2016
Helpful to 5 out of 5 people

This system is flawed.I had 0% utilization and had a score of 830 then to cross check i charged a lawnmower with 0% interest for 24 months on a credit card a $3200 purchase which brought my utilization up to 4%. Then guess what my credit score DROPPED to 810. Take my advice dont charge on credit cards if you dont need to it goes against your score and it will ALWAYS DROP!!!!!

Activity (1 Total Contributions)

The Relationship Between Your Credit Score and Credit Card Utilization Rate

Oct 26, 2016
Helpful to 5 out of 5 people

This system is flawed.I had 0% utilization and had a score of 830 then to cross check i charged a lawnmower with 0% interest for 24 months on a credit card a $3200 purchase which brought my utilization up to 4%. Then guess what my credit score DROPPED to 810. Take my advice dont charge on credit cards if you dont need to it goes against your score and it will ALWAYS DROP!!!!!