Your credit utilization ratio is the amount of debt you have divided by your total credit limit. Credit utilization accounts for a decent chunk of your credit score, so aim to use no more than 30% ...

The credit utilisation ratio on your credit card is an important financial metric that lenders consider while approving a ...

For example, when the credit limit of your credit card is ₹10 lakh, the credit utilisation ratio should remain under ₹3 lakh. Although you are completely free to exhaust the card, it is not ...