Glossary
Credit Utilisation
The share of your credit limit you use, which affects your score.
Credit utilisation is your outstanding balance as a percentage of your total credit limit. Keeping it low signals healthy usage and helps your credit score, so avoid running close to your limit each month.
Related guides
More glossary terms
DeductibleCo-payment (Co-pay)IDV (Insured Declared Value)No Claim Bonus (NCB)Claim Settlement Ratio (CSR)Incurred Claim Ratio (ICR)
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