Tag: credit card balances

  • Credit Utilization in Canada: FAQs and Best Practices

    Credit Utilization in Canada: FAQs and Best Practices

    Credit utilization is a key factor in your credit score. Here are FAQs and best practices for managing credit utilization in Canada: 1. What is credit utilization? Credit utilization is the ratio of your current credit card balances to your credit limits. It measures how much of your available credit you are using. 2. Why… Read more