3 Steps to Lower Your Credit Utilization Ratio and Increase Your Credit Score!

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Did you know that credit utilization makes up 30% of your overall credit score?! That is nearly the same percentage as paying your bills on time! Lowering your credit utilization ratio will help sky rocket your overall credit score and get access to more money and lower interest rates. Matthew Pillmore, President of VIP Financial Education, explains what is the best credit utilization ratio and 3 ways to lower your ratio and increase your credit score.

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VIP Financial Education provides resources for educational purposes only. Our education is not a substitute for Legal, Tax, or Financial advice and results vary. VIP Financial Education encourages viewers to do their homework before taking any financial action. VIP Enterprises, LLC may from time to time earn commissions by recommending various products, services, and programs. Practice our education or don't at your own risk.

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