Regular Contributor
Posts: 147
Registered: ‎10-11-2009


I know this is not for this form but maybe someone can help my auto loan is in my util and it says instalment loan on equifax any help thanks

it just sucks cause it is bringing my util to 54 percent

Frequent Contributor
Posts: 485
Registered: ‎02-17-2008

Re: Util

I would call the company that the auto loan is with and have them correct the problem.

Starting Score: 744
Current Score: 744
Goal Score: 800

Take the FICO Fitness Challenge
Frequent Contributor
Posts: 456
Registered: ‎07-09-2008

Re: Util

[ Edited ]

OP, where are you getting your credit report from that's showing your utilization this way?  I'm only asking because, if it's from Equifax, such as on their 3 in 1 Credit Report, it will show debt to credit ratio broken down into multiple sections, and their "total debt to credit ratio" includes installment loans, correctly.  The only utilization for credit cards would be under the "Total revolving accounts", listed again as "debt to credit ratio" on there. That's the correct number for credit utilization we often refer to on here.


If you checked a credit report for TransUnion or Equifax, and it's listed that way, then yep, it's a problem.  That report should show revolving credit utilization singularly without the confusing additional ratios.


If you already know all this, ummm...nevermind my post.  :smileywink:

Message Edited by TangMeister on 11-08-2009 05:33 PM

Get a myFICO recommended credit card

Copyright ©2001-2013 Fair Isaac Corporation.
All rights reserved.

IMPORTANT INFORMATION: All FICO® Score products made available on include a FICO® Score 8, along with additional FICO® Score versions based on Experian or Equifax data (additional FICO® Score versions based on TransUnion data are not currently available on Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.