cancel
Showing results for 
Search instead for 
Did you mean: 

Ratio of Credit Balance to Available Credit?

New Visitor

Ratio of Credit Balance to Available Credit?

Is there a certain balance/available credit ratio or percentage that a credit card should be at to be considered reasonable? I am paying off cards and want to distribute my funds in the best way. I've heard its something like your balance should be less than 65% of your available credit. Any info? Thanks!
Message 1 of 4
3 REPLIES
Regular Contributor

As low as humanly possible. 65% is way too high; you're p...

As low as humanly possible. 65% is way too high; you're probably losing significant points if your utilization is that high.
Message 2 of 4
Regular Contributor

Around 40% is the max. Anything under that is best. Try t...

Around 40% is the max. Anything under that is best. Try to be around 30% or less if possible.
Message 3 of 4
Moderator Emeritus

Definitely 30% or less its hard to do with low limit card...

Definitely 30% or less its hard to do with low limit cards but 10% is even better
Message 4 of 4