 TITLE: Millennials vs Baby Boomers: Who Has More Credit Cards? CONTENT: How Millennials Can Use Credit to Their Advantage\n-------------------------------------------------\nAs millennials begin to use credit cards more, it's important they know credit cards can be used to their advantage. When used properly, credit cards can help improve credit scores and can accumulate valuable rewards consumers can use for travel and other purchases.\nAs payment history is the most important aspect of a credit score, making all your credit card and other debt payments on time is key to achieving or maintaining a top score. Additionally, making sure you don't max your cards out will help keep your credit utilization—the second most important aspect of a credit score—in check.\nCurrently, millennials' credit utilization ratio—the total of all their balances compared to the total of all their credit limits—is at 36%. For a good credit score, aim to keep your utilization ratio to under 30%. As millennials add more cards to their wallet and their available credit grows (assuming they don't charge up their cards), this figure could shrink and ultimately help the generation's scores. END