Learn what actions may cause a creditor to do a charge-off, how a charge-off affects your credit and if you can remove a charge-off from your credit report.| www.experian.com
Your utilization rate is an important indicator of credit risk. A high utilization rate is a sign that you may be experiencing financial difficulty. As a result, high utilization hurts credit scores.| www.experian.com
Your credit utilization rate is the percentage of your revolving accounts’ balances that you’re using.| www.experian.com