Credit Information Companies (CICs) like CIBIL and others use multiple parameters to calculate an individual's credit score. One of the important parameters is the credit utilisation ratio. In this ...

Have you ever come across the phrase ‘credit utilisation’ and wondered what it means? Even if you’ve never encountered it, it’s worth understanding how it works and the impact it can have on your ...

Credit utilisation refers to the ratio of your credit card balances to your credit limits. It plays a significant role in credit score calculation, particularly in the FICO scoring model, which is ...