Detailed text transcripts for TV channel - CNN - 20100410:13:37:00
That can look bad. >> right. credit scoring models love to see separation between your balances and your credit limits. open to buy, it's the ratio between balance and the limit. you like to keep it to 10%. which means if you have addses 1,000 credit card, try not to charge over $100. makes the card hard to use. why you like to stick to cards with high kre it limits. >> what if do you that and pay it off before the month's over? >> fine because the balance doesn't persist. about to apply for a mortgage or for a car loan, something where you really, really need the best credit score possible, d...
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