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85% balance of credit

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Anonymous
Not applicable

85% balance of credit

I heard that we need to keep our credit balances low, preferably below 50% while it's particularly bad to have a balance above 85%. Is that true? Are there any percent markers to use as guideline?
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marty56
Super Contributor

Re: 85% balance of credit

Welcome to the forum.  85% util is pretty high.  Shoot for no more than 9% on 1 card reporting.
1/25/2021: FICO 850 EQ 848 TU 847 EX
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