This is How to Maximize Your Credit Score with Your Balance

So you have no negative records, no late payments, have a couple credit accounts open for a long time, and haven’t had your credit checked in a while. The only thing affecting your score now is your credit card balance. How does your balance affects your score?

I was using Credit Karma’s credit score simulator to see how exactly my balance affected my score and I found something very interesting. There seems to be a couple of sweet spots that will help boost your score more than others.

Now there are plenty of articles out there that say as long as you stay under 30%, or under 20%, or under 10% of your credit card balance, your score won’t be affected. Well according to Credit Karma, who uses the Vantage Score, that isn’t the case.

These 3 Ranges are the Sweet Spots in Balance vs Credit Score

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