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Regular Contributor
mgs2010
Posts: 185
Registered: ‎07-26-2009
0

high credit field on report

On all of my credit cards I notice there is a section for "high credit" which appears to list the highest amount I've ever owed on that particular card. Question- does that number affect my credit score even if the amount in the High Credit field is an old balance? I have several accounts that report a zero balance but at one time or another were maxed or near maxed....

Senior Contributor
score_building
Posts: 3,552
Registered: ‎01-10-2008
0

Re: high credit field on report

 


mgs2010 wrote:

On all of my credit cards I notice there is a section for "high credit" which appears to list the highest amount I've ever owed on that particular card. Question- does that number affect my credit score even if the amount in the High Credit field is an old balance? I have several accounts that report a zero balance but at one time or another were maxed or near maxed....


 

No.

 

FICOS:
06/13 EX 765 (PSECU) EQ 771 (DCU) TU 779 (Barclays)
Senior Contributor
Wolf3
Posts: 3,198
Registered: ‎01-24-2010
0

Re: high credit field on report

It does not affect FICO score.   However, if you are buidling credit history, it does show usage which is good (IMO)


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