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Detailed text transcripts for TV channel - CNN - 20100612:13:35:00

"money." start with an example. two credit cards. both have a $5,000 limit. card one, a $,0 2,000 balance, card two, no balance. using 20% of your credit limit there. what does that even mean for folks using up this percent, that percent and why do they care about that? >> have good question. fancy term called the credit utilization ratio. all that mean s is you have a certain amount of credit available. its how much youre using of the credit. the less you yew, the more available, considered les...
Cant Make Money Credit Cards Credit Limit Credit Utilization Ratio Credit Card You Yew

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