I just received my first credit card as I'd like to develop a credit rating. What's the best way to go about using my card as a student who doesn't plan to do too much spending? Also can somebody try their best to explain things (like I'm 5 years old please haha) like utilization rate, balance-to-limit ratio, or anything else I might need to know for building a credit score? I read somewhere that it is best to have a utilization rate of no more than 30%. Is this true? Any help is appreciated :)
Submitted July 03, 2018 at 11:39PM by greendude99 https://ift.tt/2zbxRky
