Wolfyy5360 Wolfyy5360

23-12-2021
Business

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how does credit utilization affect your credit score?

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GabyGroove GabyGroove

23-12-2021

A high utilization rate is a sign that you may be experiencing financial difficulty and is a strong indicator of lending risk. As a result, high utilization hurts credit scores and can cause lenders to be reluctant to extend additional credit

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