Credit Utilization Ratio (noun) Definition, Meaning & Examples

noun Finance.
  1. the total amount of outstanding charges on a credit card compared to the card’s spending limit, expressed as a percentage calculated by dividing the balance due by the spending limit: A high credit utilization ratio, especially above 50%, often indicates that a cardholder may be spending beyond their financial means.
Credit Utilization Ratio (noun) Definition, Meaning & Examples

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