Why Does Higher Credit Utilization Decrease Your Credit Score?

Maintaining a healthy credit score is crucial for financial stability and access to various credit options. But have you ever wondered why does higher credit utilization decrease your credit score? Credit utilization, one of the primary factors that affects your credit score, is often misunderstood. In this article, we will break down what credit utilization […]

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How Long Does a Hard Inquiry Affect Your Credit Score?

When it comes to managing personal finance, understanding your credit score is crucial. One common question many individuals have is, “How long does a hard inquiry affect your credit score?” Hard inquiries can play a significant role in determining your creditworthiness, impacting your ability to secure loans and credit cards. This article will explore the […]

12 mins read