Originally Posted by
yerffej201
Remember your credit score is determined by 4 parts:
35% - payment history (do you pay on time?)
30% - outstanding debt (credit utilization ratio)
15% - credit history (how long have you had credit)
10% - new credit (inquiries)
10% - types of credit you have
Here is my post on churning:
http://boardingarea.com/canadiankilo...urning-basics/
Very good information. People often over look the importance of the credit utilization ratio. I usually use less than 30% of my credit limit for each card trying to get full score for the 30%