Want to improve your credit utilisation ratio? Here’s how a personal loan can help

Want to improve your credit utilisation ratio? Here's how a personal loan can help

Personal loans can indirectly improve your credit utilisation ratio. Although they are not included in the utilisation ratio since they are installment loans, they can be used to pay down revolving debt, such as credit cards, which do impact your utilisation ratio. The following points detail the intricate relationship between personal loans sought and credit … Read more