FinanceCredit and Credit Utilization
#RI-6a7aa7da·6 months ago·
1
“Building credit with credit card”
What Actually Happened
Used credit card above limit, causing high utilization
What I wish I knew
"Credit utilization percentage matters, not limit"
Advice to Someone Facing This Now
If I could tell you one thing
"Keep utilization under 10% for best credit score"
Regret Index
3/10
Significant downsides.
Complicated feelings about the outcome.
Complicated feelings about the outcome.
Advice for Someone Facing This
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Finance Category
2,949
Finance decisions logged. Avg regret 4.9/10 across the category.
Same Outcome Band
41%
of Finance decisions land in the settled band the same as this one.
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