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Left curve something for me, does credit utilization only matter if you carry a balance? For example - starter card, low limit but consistently hit about 60% of the total monthly, but paid off in full each month, are you dinged for it?

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Jul 30, 2022Liked by BowTiedF'er

My credit score is only 720, mainly because I am using 19% credit utilization with your 0% interest credit hack + recently applied for a card.

If you don't have a long credit history (my oldest card is just 4 years, and my average credit age is 2 years), does it make sense to get added as an authorized user to a close family member's account who has near perfect credit, and a long credit history? I estimate that my credit score would go up about 40 points if I were to do this, but not sure if there's some risks that I haven't considered.

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