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 R6140 823Credit Utilization Form Pursuant to Th 2021

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what's going on guys your boy ricky look today i'm going to talk to you guys about credit utilization there is a school of thought out there that says that 30 utilization is good and i'm here to tell you that it's not that has to be a narrative that credit bureaus and credit companies came up with because 30 is not optimal the op the most optimal level is having between one using between one and ten percent of your credit so if you have a five thousand dollar credit card you should use no more than five hundred bucks on it and at the most optimal level fifty dollars so i don't know where this 30 stuff came also people also say well why not just pay it off you know at the end of every month and people do that but however if you leave one percent on there that gives you that still shows that you use the card and it gives you more favor with the as far as when it comes to getting points um when you're building your credit so you want to leav

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