Valued Contributor
my-own-fico
Posts: 1,301
Registered: ‎01-05-2010
Re: Does having a $0 balance on all of your accounts hurts your score ?
[ Edited ]

I can't say that I have ever considered the percentage of cards (or mortgage and installment accounts) reporting a balance to be a part of utilization. Maybe it's because the percentage of cards reporting a balance includes charge and NPSL cards while utilization does not.

It makes perfect sense to me that no credit card debt is not optimal, since no responsible handling of risk is shown. To the credit bureaus that is; you can use your cards diligently and pay them down before the statement date.

Are you living within your means?