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311 | How to Travel for Free | Stereo Live Q&A

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Is Your Debt Utilization a Key Factor in Building Up Your Credit Score?

Debt utilization takes a look at how much capacity you have on the total of your card. Age of credit, new credit amounts owed and length of credit history are also important factors in building up your score. I think once you get into the range where your credit score is seven, 77, 98 hundred, and above, certainly it's all kind of gravy at that point. It's really, am i in the that highest echelon? And will i get approofed for these real premium cards?

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