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 Credit Cards
Profile Image

Question By
cdacc0914

9 Contributions
5 People Helped
I have 2 $200 limit secured credit cards what if I use less than 1% on each card?
Will it improve my score more if I use less than 1% on each card or 1% or 9%? Will it increase my score more as it goes lower than 9%?

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

View your scores and reports anytime.

SIGN UP NOW
All Responses

Results 1-3 of 3Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next
5 Contributions
3 People Helped
Most Helpful Response

Rule of thumb

Helpful to 1 out of 1 people

Tips and Tricks! I don't think 1% will make it better... You need to demonstrate the ability to use you credit card smartly by showing a certain purchasing power as well as defining your comprehension of your financial spending needs.

I usually keep my credit amortization around 10-15% and I get every month 8-5 points. However, the big secret is credit line increases... It boosts your points to 10 or event 11 points.

I hope this helps.

Cheers!

9 Contributions
5 People Helped

If I use less than 1% will it round to 1%?

9 Contributions
5 People Helped

Anyone else with advice?

Results 1-3 of 3Results 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.