Credit Advice

Have a question? Have advice to share? The combined knowledge and experience of everyone in the Credit Karma community can help you. Enter your question or help others below to get started!

Question

Posted in Paying Your Bills
Profile Image

Question By
jennrrrs

0 Contributions
0 People Helped
Advice on my utilization
My utilization score seems to go down every month and i cant figure out why.

I have a credit card with a $200 limit. I have the credit card set to pay my car insurance automatically. my bill is $55 which keeps my utilization just below 30%. that is all i use my card for. I also have my checking account set to automatically pay the credit card bill in full each month. I thought this was a great system to raise my credit but i guess its not. can someone give me advice on what i can do to improve my utilization?

My credit card bill is due on the 28th and my checking pays it on the 28th, but i often pay earlier.

My car insurance is due on the 21st and my credit card pays it on the 19th.

Thank you for your time!!

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW
All Responses

Result 1-1 of 1Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next
Top Contributor
3051 Contributions
2786 People Helped

Please be aware that this website, and all the numbers, scores etc. it throws at you, is just for entertainment and education purposes.  From what you've said, your utilization sounds fine.  Only you see the numbers on this website, it has nothing to do with what information potential creditors see.  Don't sweat it, you're doing good on utilization.  If you want to learn more about how to increase your credit score, visit www.credit.about.com.  Best of luck!

Result 1-1 of 1Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW

Reply to this Question

Write your response:
Enter Your Comments

The Credit Advice pages of the Site may contain messages submitted by users over whom Credit Karma has no control. Credit Karma cannot guarantee the accuracy, integrity or quality of any such messages. Some users may post messages that are misleading, untrue or offensive. You must bear all risk associated with your use of the Credit Advice pages and should not rely on messages in making (or refraining from making) any specific financial or other decisions.