Personal Finance » Credit Cards » Credit Card Basics » Video: What Is Credit Usage?

Video: What Is Credit Usage?

Credit usage is a term you’ll hear mentioned as a part of many credit scoring models. Since it’s often an important factor that lenders consider when evaluating the extension of new credit, you’ll want a solid understanding of what yours is and how it fits into your credit scores overall.

Curious to learn more about specific accounts? Watch a video on open installment accounts here.

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