<prompt> Human: I got my first credit card around 3 months ago with a 700 limit. Im still confused about what high utilization is. Ive read from many places that below 30 is a good place to be. But what I dont understand is does high utilization only matterapply if you DONT plan to pay the amount in full at the end of the month?Will spending 300 for a 700 limit negatively impact my score even if I completely pay off the amount at the end of the month? Or does it only negatively impact if I dont pay it off in full?Sorry for the really basic question haha. Id appreciate any help.  <response>: It depends on when your credit card reports to the bureau. A lot of cards report on the statement date, but not all of them do. Some even report at different dates to different bureaus. If your cc reports on your statement date then yes it will ding you for having high utilization. However, it doesnt stay on your report for long, so if you want to apply for a loan or a new card only use 10 or less for a month or two. You could also make weekly payments to keep the utilization low. While below 30 is good experian data shows that people that use only 7 of credit have best scores and FICO reports that the people with the best scores use only 8. 