topic How much does 100% utilization hurt? in Credit Cards

How much does 100% utilization hurt?

WallyxD — Tue, 05 Feb 2013 16:23:52 GMT

I was already sitting on around 60% utilization, but was going to cut that down before my statement, due for the 9th. However, Comcast got in the way, and now my card is at like 98% utilization. How much is this going to hurt me? Will my util be reported across both cards or for each card?

Re: How much does 100% utilization hurt?

ihatemyscore — Tue, 05 Feb 2013 16:33:17 GMT

90% brings your risk levels dramatically high.. it only hurts when your seeking more credit or if your lender is like Barclays.

Re: How much does 100% utilization hurt?

WallyxD — Tue, 05 Feb 2013 16:36:09 GMT

@ihatemyscore wrote:
90% brings your risk levels dramatically high.. it only hurts when your seeking more credit or if your lender is like Barclays.

Yes I know. I planned on applying for a couple more but those plans have been postponed. I'll be able to take care of everything after my statement and start fresh, again, but I just wanted to know exactly how bad it looked.