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Question
question 52
the percentage of your available credit compared to what you owe is called
debt limit.
credit availability ratio.
credit utilization ratio.
outstanding debt ratio.
Brief Explanations
The credit - utilization ratio is calculated as the amount of credit used (what you owe) divided by the total available credit, often expressed as a percentage. It measures how much of your available credit you are using.
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C. credit utilization ratio