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Revolving Credit Amount

New Member

Revolving Credit Amount

My FICO score is 552.  The score watch report is saying that I have almost 3100.00 in revolving credit and that the main contributor to my low score is that I'm currently using 138% of it.  Hmmm.  The truth is that I have 2 low limit cards, with a total combined available credit of 1k.  What am I missing?
 
Thanks in advance for answering my first ever post.  Smiley Happy
Message 1 of 4
3 REPLIES
Valued Contributor

Re: Revolving Credit Amount

Do you have any closed accounts with balances?
Message 2 of 4
New Member

Re: Revolving Credit Amount

I do.  My cr shows 2 Cap 1 cards that are CO accounts.  I honestly can not say whether or not they are both mine.  I know that one is.  Both are due to drop of this summer and fall.  If I add up the co amount, it comes close to the amount reflected above.
Message 3 of 4
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Valued Contributor

Re: Revolving Credit Amount

Cap 1 CO's will add to UTL unfortunately.
Message 4 of 4