Credit Utilization
The share of your available credit you are currently using.
Credit utilization is the percentage of your available credit that you are using — for example, a $3,000 balance on a $10,000 limit is 30% utilization. It is one of the largest factors in your credit score. A widely cited target is to keep it under 30%, and under 10% is even better. Paying a card down before its statement closes lowers the balance that gets reported.