Your credit report is an important document that provides a snapshot of your credit history. It includes information such as your payment history, credit utilization, and any accounts in collections. Understanding your credit report is key to maintaining good credit …

Credit utilization is an important factor that affects your credit score. In fact, it accounts for about 30% of your FICO score. Credit utilization refers to the amount of credit you use compared to your total credit limit. For example, …