Less than 1% Uti - reports how?

[Peach8321]

Like I said in the subject...

I have a PenFed right now that has a $10.31 balance on it for the statement and a $9500 limit... since $95 is 1% and my reporting balance is almost 1% of that 1%...does it still report as 1% or as 0%?

As this is the only card (out of 4) reporting anything (plus SL and a mortgage)...does it really matter if I let it report as long as it is under $900? (and will ideally be under $95 at all statements)?

Hope that makes sense =)

Thanks all!

[Anonymous]

Hi Peach,

Utilization is rounded up.

So, anything over zero but under 1% will report as 1%.

Good work on keeping those balances down! 

[CrdtLrnr]

Agreed!  Great work!