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Question
experts advise using no more than what percentage of your credit limit in any given period? 30 percent 50 percent 70 percent
Brief Explanations
Credit utilization ratio is an important factor in credit scoring. Using too much of your credit limit can negatively impact your credit score. Experts generally recommend keeping your credit utilization below 30% to maintain a good credit score. This is because a lower credit utilization ratio indicates that you are using credit responsibly and are not overly reliant on it.
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30 percent