Glossary
Credit utilisation
Credit utilisation is how much of their available credit a borrower is using, usually shown as a percentage. High utilisation, for example being close to card limits, can signal financial stress and affects both credit scores and affordability judgements.
Utilisation is a useful behavioural signal, and trends in it over time say more than a single snapshot.
How Credit Canary helps with credit utilisation
Credit Canary brings the data, decisioning and payments behind Credit utilisation into one platform for UK lenders.
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