Your credit score is determine from five factors and to me utilization is the most important because you can have bad credit one day by having high utilization and then great credit by having low utilization. Having low credit utilization is extremely important because it keeps you l fundable and paying no low to no interest and you can get new credit when you want but when you have high utilization the opposite is true. In this video I also show that the 30% utilization rule is dumb and you should for 0%-10% tops.
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Intro 0:00
How utilization have a impact 0:30
How to fix high utilization 1:22
How not to get high utilization 2:10
Having 30% utilization is dumb 3:08
My experience with having low utilization 5:28
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