CreditUtilizationRatio.expert
HOME > Jason Steele > Experian
Ask Experian. There is an Experian website directory titled ask-experian. So, let's ask Experian.
| By Greg Fisher
According to credit bureau Experian, Jason Steele is "one of the nation's leading experts in the credit card industry."
By the way, if he were the world's leading expert, this would be in another internet domain.
In 2018, on Experian's website, Steele wrote: "Many experts recommend that you have enough available credit (that's the portion of your total credit limit that you have NOT used) so that you're not using more than 30% of it at any given time. However, there's nothing special about a 30% debt-to-credit ratio, as it's often called."
And yet, some unknown Experian writer said, "Most experts recommend keeping your ratio below 30%."*
Who are those so-called experts? Mr. Steele is an expert, and that's not what he said, now is it?
It sure seems that Experian is having a piece of the proverbial cake, and is eating it, too.
Both statements are in the ask-experian website directory. Oh yes, let's ask Experian and Jason Steele!
And here's one that defies logic: "In general, always try to maintain a ratio of 30% or less to avoid hurting your score."*
Guess who! Jason Steele! Guess when! 2019! Ouch!
Just follow the hashtag referring to New Year's Day, 2020: #2001A.
@Experian @Experian_US @experianhelp_us Experian, it is April Fool's Day and I'm still waiting for your answer from New Year's Day. What is wrong, Mr. Cassin?
— Greg Fisher (@creditscoring) April 1, 2020
What is significant about 30 percent?
Nothing I know. #TopPerson #creditchat #Myth4 #UK #2001a https://t.co/A6DXPtMLYf
* Link code contains rel="nofollow"