<ul><li>Credit utilisation is the ratio that represents your total credit card outstanding compared to your approved credit limit.</li><li>Generally, a lower credit utilisation ratio is favourable and demonstrates responsible credit management.</li><li>Consider strategies such as monitoring your spending, distributing purchases across multiple cards, and setting up balance alerts to improve your credit utilisation ratio.</li><li>Increasing your credit limit and making multiple payments each month can also help manage your credit utilisation ratio.</li></ul>

Credit Card: How Much Of Credit Limit Should You Use?

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