UTIL ?? BUSINESS vs PERSONAL

[signguy17]

I have 3 personal CCs. One from my bank ($5k CL), my CU ($2500 CL) and CapOne ($2k CL).  I also have a $5k LOC with my bank.  Does that give me a total of available credit of$14,500 when figuring my utilization percentage?  Does the LOC count or not count against util?  Also, I have a business CC (CapOne $2k).  Does the Business CC go for or against my util?  Does Business even show on my personal CR?

Thanks!

[09Lexie]

To calculate your util for FICO, look at your personal 'revolving' credit cards. If the LoC is showing as rev and not installment-you can use it. Business cc's usually do not show on your personal cr. again, you would need to review your CR's.

[signguy17]

I just looked at my CR (www.eliminateidtheft.com) and it shows my bank CC but there is no mention on the report about the LOC and I recieved the availability of funds as soon as I stepped out the bank...however that was only about a month ago.

[myjourney]

CAP1 business cards do hurt your UTL because they report on your personal CR's as well as business CR's.

I have one and had to learn when not to use so as not to get a ding from the high UTL even tho it was PIF every month.

Sometimes business expenses can't be help and you have to make that purchase and boom it hits CR's..... ouch

FYI..Chase Amex only report to business CR's unless defaulted on then personal CR's