Valued Member
Posts: 44
Registered: ‎11-07-2012
Closed Credit Cards with Balances impact on FICO Scoring model.


I have 2 closed credit cards with balances of 6000 and 4600.

I also have 13 tradelines with overall Utilization of 36% without calculating the Closed Credit Cards.


My question is am i calculating the utilization correctly? or do i have to include the balances as well against my existing credit limit?