How Credit Utilization Works Credit Utilization is a ratio of your credit card balance to credit card limit. The higher the credit utilization, the lower your credit score will be. Even though you may be paying on time, every time, it can be alarming to a creditor that you are using too much of [...]
Equifax is a consumer reporting agency (CRA) or a credit bureau. They collect information and provide a report on consumer that can be used to decide whether to provide credit, insurance, or employment, and for other purposes. Equifax What they collect Information about your payment history (submitted by credit card companies, mortgage lenders, auto financers [...]
