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What Is Considered Good Credit Utilization in Canada?

When we think about credit scores, many Canadians don’t consider credit utilization to be a primary factor. We tend to be more concerned about making payments on time because that obligation—and its impact on our credit profile—is more clearly understood. But to ensure our credit score doesn't drop because of "high credit utilization" it's important to understand what it is and what you can do to manage it.


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