Maintaining a low credit utilisation ratio is crucial for a healthy credit score. High utilisation reflects risky financial behavior, while low utilisation showcases responsible spending. Monitoring and managing credit utilization helps in improving credit health and appeal to lenders.
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.