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Credit Utilization - Total sum of all accounts or one by one basis?

Established Member

Credit Utilization - Total sum of all accounts or one by one basis?

Does it have a negative impact on FICO if you have one line of credit that is near the limit but a few others that are well below their limits? Do score factors involving credit ulization work by adding up the total balance of all your available credit against the amount utilized on all accounts or is figured on an account by account basis.


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Current Score: 673
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Moderator Emeritus

Re: Credit Utilization - Total sum of all accounts or one by one basis?

FICO weighs both individual and overall utilization. Certainly overall util holds more weight, but but you have a CC that gets maxed out, FICO will ding you extra for that.

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