Quantcast
Channel: Bogleheads.org
Viewing all articles
Browse latest Browse all 4406

Personal Finance (Not Investing) • Question about car loan for daughter

$
0
0
Out of curiosity, why not more than 30% of the limit?
Credit score models look at utilization, which is the percentage of a credit line you are using. They look at it in the aggregate and per-card. Over 30% will cost you points on your credit score, but of course the points will return immediately once you pay it off.
FWIW, there is some disagreement over this:

https://reddit.com/r/CreditCards/commen ... revolving/

Statistics: Posted by tj — Sat Oct 19, 2024 12:05 am — Replies 7 — Views 452



Viewing all articles
Browse latest Browse all 4406

Trending Articles



<script src="https://jsc.adskeeper.com/r/s/rssing.com.1596347.js" async> </script>