Credit usage calculation

Longroad — Sun, 24 Apr 2016 18:36:31 GMT

Trying to plan for a couple of moves I would like to make in June (I.e. A couple of apps and hopefully cli requests) and I was just trying to get everything in order to maximize my chances. When the Bureaus report credit usage does the amount on AMEX charge cards counts as utilization since there is no credit limit or is is just calculated as part of your overall debt?

Re: Credit usage calculation

UncleB — Sun, 24 Apr 2016 20:53:10 GMT

@Longroad wrote:
Trying to plan for a couple of moves I would like to make in June (I.e. A couple of apps and hopefully cli requests) and I was just trying to get everything in order to maximize my chances. When the Bureaus report credit usage does the amount on AMEX charge cards counts as utilization since there is no credit limit or is is just calculated as part of your overall debt?

Hello!

Here's a thread over in 'Understanding FICO Scoring' that might give some insight to your question.

http://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/How-does-personal-charge-card-affect-FICO-scores/td-p/4560435

topic Re: Credit usage calculation in Understanding FICO® Scoring

Credit usage calculation

Re: Credit usage calculation