Financial Planning Advices » Financial Terminology » What is Credit Utilization?
What is Credit Utilization?
In order to calculate your credit utilization (commonly referred to as debt to credit ratio) you should divide the total credit you have by the total debt you have incurred. It gives you a measure of the purchasing power you posses. The result of the calculations is represented in percentages.
Article Tools
| Rate this article : Low | High |
Bookmark this page (CTRL+D) : 
- What is an Annuity Contract Owner?
- What is an Annuitant?
- What is a Mortgage?
- What is Short Sale?
- What is an Underwriting Fee?
- What is Prepaid Interest?
- What are Discount Points?
- What is an Origination Fee?
- What is an Assumable Mortgage?
- What is an Appraisal Fee?
- What is a Share Savings Account?
- What is Prepayment Penalty?
- What is Microlending?
- What is Negative Amortization?
- What is Amortization?
- What is Refinance?
- What is a Variable Interest Rate?
- What is Universal Default?
- What is a Revolving Credit?
- What is a Periodic Rate?
- What is an Over-the-Limit Fee?
- What is a Nonrevolving Credit?
- What is a Minimum Payment?
- What is a Late Fee?
- What is an Introductory Rate?
- What is a Grace Period?
- What is Finance Charge?
- What is Credit Utilization?
- What is a Credit Score?
- What is a Credit Report?
- What is Credit Limit?
- What is a Credit Inquiry?
- What is a Credit Bureau?
- What is Cash Advance?
- What is a Billing Cycle?
- What is Balance Transfer?
- What is Average Daily Balance?
- What is Annual Percentage Rate (APR)?
- Credit Card Basic Terms