Credit score

  • 1
  • Question
  • Updated 1 year ago
  • Answered
Koodo on credit score shows 50 % utilisation even tho i always have credit.. They need to report after billing cycle
Photo of Gord Rinas

Gord Rinas

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Posted 1 year ago

  • 1
Photo of Sophia

Sophia, Mobile Master

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What exactly is your question, Gord? If you keep on paying your bill on time, it will definitely boost your credit score.
Photo of Not Jean-Pierre Blais

Not Jean-Pierre Blais

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There is no "utilization" for "open" type accounts because they don't have a set credit limit. I believe they report the amount on your bill without counting in any future payments on that bill.