Regular Contributor
Posts: 171
Registered: ‎08-11-2007

I'm confused about utilization - clarification please!

I have a new CC with a $1100 CL.  Suppose I charge $300 and pay $201 before my statement is printed (according to AMEX my statement will print the 30th).  That would show utilization of 9% because the carryover balance would be $99 correct?
x     9%
Great Credit is Sexy :smileywink:

May 2013 - TU 699 / EX 718 / EQ 737

Super Contributor
Posts: 8,161
Registered: ‎03-25-2007

Re: I'm confused about utilization - clarification please!

The slide from grace is really more like gliding
And I've found the trick is not to stop the sliding
But to find a graceful way of staying slid
Mega Contributor
Posts: 18,503
Registered: ‎03-19-2007

Re: I'm confused about utilization - clarification please!

Just remember that the date the bill is printed may not be the date the card is reported to the CRAs

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