Manage Your Balances

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We have often mentioned that all-important debt to available credit ratio and how important it is for a high credit score. Here is a visual to help you see just what effect it can have on your credit score.

If your debt is at this percentage of your available credit, this is how the credit score will rate you?..

? 0-30%: Optimal borrower (however, we recommend going no higher than 15-20% just to have a cushion)
? 30-50%-Low risk.
? 50-70% -Moderate risk
? 70-100%- Extreme risk