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Frequent Contributor
WallyxD
Posts: 273
Registered: ‎10-02-2012
0

How much does 100% utilization hurt?

I was already sitting on around 60% utilization, but was going to cut that down before my statement, due for the 9th. However, Comcast got in the way, and now my card is at like 98% utilization. How much is this going to hurt me? Will my util be reported across both cards or for each card?

AE Store CC: $850 | AEO Visa: $2,300 | CapOne Quicksilver: $1,700 | Citi Forward for Students $1,500 | Walmart CC $1,350 | Chase Amazon: $500 | PayPal Smart Connect: $500 | Discover iT for Students: $500 | Chase Freedom: $500

Gardening until util 30%
TU Fico: 652 (3/11/14)
Frequent Contributor
ihatemyscore
Posts: 283
Registered: ‎02-05-2012
0

Re: How much does 100% utilization hurt?

90% brings your risk levels dramatically high.. it only hurts when your seeking more credit or if your lender is like Barclays.
Last App: 9/16/13
BK Discharge: 6/12
NavyFCU Flagship Visa Sig $10k | NavyFCU nReward Secured $500 | NavChek $5k | Walmart $600 | Capital 1 Quicksilver $750 | Capital 1 Plat $1k | Kays $400 | Amazon $600 | Express $250 |
Frequent Contributor
WallyxD
Posts: 273
Registered: ‎10-02-2012
0

Re: How much does 100% utilization hurt?

 


ihatemyscore wrote:
90% brings your risk levels dramatically high.. it only hurts when your seeking more credit or if your lender is like Barclays.

Yes I know. I planned on applying for a couple more but those plans have been postponed. I'll be able to take care of everything after my statement and start fresh, again, but I just wanted to know exactly how bad it looked.

AE Store CC: $850 | AEO Visa: $2,300 | CapOne Quicksilver: $1,700 | Citi Forward for Students $1,500 | Walmart CC $1,350 | Chase Amazon: $500 | PayPal Smart Connect: $500 | Discover iT for Students: $500 | Chase Freedom: $500

Gardening until util 30%
TU Fico: 652 (3/11/14)

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