@Takunda1 wrote:
If that is what is reporting on your credit report, then you are considered to be at 100% util on that card. I would guess that if you got removed your scores would go up. It also depends on your overall credit picture but I'm sure your scores will rise some.
I'm not sure about that. It depends on a lot of other things. If there is a long history on the account and all his others are young, he might be gaining more points from a long, good history than he is losing from the util. And if he has other cards with high limits and low util to dilute it, he might have a low overall util and the hit from one card being maxed out might be fairly small. It all just depends.
At any rate, the solution to the problem is to pay down the debt or BT it to another card. If you carry that balance for more than a few months on an Amex, neither of you will have a card much longer.
