Question about utilization, debit and FICO jumps

[adamkingadam]

From everything I have read it is best to have a 1-9% utilization on CC's. Does it make a difference in the FICO scoring whether someone is utilizing 50% with 100k in total debt vs. someone with 50% utilization  with 1k in toal debt.  Am I correct in that FICO doesent factor in the $$ amount of the debt?

[Anonymous]

take you total CL and your total UTIL  that gives you % of UTIL

[adamkingadam]

Yeah, I know that part.  Sorry if my question wasant clear.  What I was trying to know whether total debt in dollar amounts effects your credit score, or is is just util %,  is somebody with 1,000 in debt affected the same as someone with 10,000 debt and they both thave the same util %

[Anonymous]

It has nothing to do with the amount of debt. Just how you use it

[adamkingadam]

Thanks!  I figured that was the case, just wanted to verify.  My head is becoming mushy with all this FICO nonsense I am trying to take in

[Anonymous]

np  not sure where my head is anymore

[fused]

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adamkingadam wrote:

From everything I have read it is best to have a 1-9% utilization on CC's. Does it make a difference in the FICO scoring whether someone is utilizing 50% with 100k in total debt vs. someone with 50% utilization  with 1k in toal debt.  Am I correct in that FICO doesent factor in the $$ amount of the debt?

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In your example, there is no difference in scoring. Util% matters not the $$.