What is Credit Utilization Ratio? Know The Pros And Cons Of An Increased Credit Limit

"With great power comes great responsibility"... A credit card can be a very strong asset, if used properly. However, a lot of consumers do not understand the pros and cons of a credit card, its UT ratio and the credit limit. While an increased limit can come handy during tough times, there are some points you must remember before you opt for it. Watch the full video for more.