Myth vs. Reality: If I Pay My Card in Full, My Utilization is 0%
You’re the picture of financial responsibility. You use your credit card for everything to earn rewards, and you …
Myth vs. Reality
Myth vs. Reality: Paying Off Collections Clears Up Your Utilization
You finally did it. You saved up, negotiated, and paid off that old collections account that’s been haunting …
Myth vs. Reality: Closing Old Cards to ‘Clean Up’ Your Utilization
That old credit card sits in the back of your wallet, untouched for years. It’s a relic from …
Myth vs. Reality: Is a $0 Balance Better Than a Small Balance for a Max FICO Score?
You’ve worked hard to get your credit in shape. You pay off your cards religiously, and you feel …
Myth vs. Reality: Does Credit Utilization ‘Reset’ Every Month?
You had a big purchase last month. Your credit utilization spiked to 70%, and your FICO score dropped …