ReliaCredit.com - How's Your Credit?: A few factors affecting your ...

By Administrator (ReliaCredit.com)

This is the amount you owe to your creditors to your credit limit. Experts recommend that you keep the credit utilization under 35-50% of the total limit. A low credit utilization rate helps improving your credit score. 3. The length of your Credit History - This ... A request for a credit card may prompt a hard inquiry from the creditor. Even a single hard inquiry slashes your score by 2 to 50 points, which further remains on your credit report for a period of 2 years. ...

ReliaCredit.com - How's Your Credit? - http://blogs.reliacredit.com/