3 ms·
Yes I haven't thought of it this way :/. Credit history just shouldn't be based of the amount of usage of credit cards.
by testimoney2 14y ago
Yes I haven't thought of it this way :/. Credit history just shouldn't be based of the amount of usage of credit cards.
- dangrossman 14y agoIt isn't. I had a FICO score of 795 with no credit card utilization at all. I get the best loan terms and was approved for a mortgage of up to a million dollars recently. No credit card utilization ratio is required to have an excellent credit score. Simply having a card and stuffing it in a drawer for a few years, while never missing a utility or loan payment, will hit all the marks that matter.