How much you owe affects your credit report score
As we alluded to in creditscore tip #2, the amounts you owe to all your creditors as a percentage of the amount of credit you have available from all your creditors is weighted about 30% of your credit report score calculation.
For example, if the borrowing limit on all your credit cards totals $20,000 and your [...]
Written on April 9, 2009 | Posted in Fix My Credit
