For a Good Credit Score, a Low Credit Card Balance is Best

Thirty percent of your credit score considers your level of debt. Credit scoring calculations compare your credit card balance to your credit limit to come up with your credit score. This balance-to-credit-limit ratio is called your credit utilization. Learn more about credit utilization and find out what balances are best for your credit score.

• When Balances Go Up, Credit Scores Go Down
• Dealing With a Credit Limit Cut
• Why You Shouldn't Close a Credit Card, the scoop from a FICO insider!