Understanding FICO® Scoring

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mmmmmm
Posts: 156
Registered: ‎06-01-2012

Does util round down?

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‎09-12-2012 04:14 PM

For instance, if I have a $1k CL, would any balance under $20 report as 1%?

 

$10 = 1%

$19.99 = ?

 

I assume $14.99 and under would be safe at 1%, but how would $17 or $19 be viewed?  Do you have to actually hit the next level before it counts?

 

Thanks.

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GregB
Posts: 1,665
Registered: ‎05-24-2007

Re: Does util round down?

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‎09-13-2012 07:18 AM

$0.01 = 1%

 

$10.00 = 1%

 

$10.01 = 2%

 

$19.99 = 2%

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