Frequent Contributor
CreditBob
Posts: 498
Registered: ‎05-01-2007
Fico Score & Utilization Percentage

Here is a question that I have & hope that someone can answer. One of the reason risk codes comes back as "High balance on revolving account". The credit limit is $ 1,000 and the utilzation rate was at 99% or a balance of $ 990. At what balance or utilization percentage will it no longer be a factor as a high balance as far as keeping the score lower? In other owrds when I am at 75%, 50%, or what balance & utilzation?