most on here say to have your credit card utilization down between 1-9 percent when FICO is determing this in scores --is this your total revolving credit limits to balance ratio (hope that wasnt confusing) or each card individually for each card....
thanks just really trying to get more knowledgable as possible with this thing called credit 
I have come along way but you can never stop learning
I have come along way but you can never stop learning
1-9% on indiv and total util
AWLEGZ wrote:
most on here say to have your credit card utilization down between 1-9 percent when FICO is determing this in scores --is this your total revolving credit limits to balance ratio (hope that wasnt confusing) or each card individually for each card....thanks just really trying to get more knowledgable as possible with this thing called credit
fused wrote:
1-9% on indiv and total util
AWLEGZ wrote:
most on here say to have your credit card utilization down between 1-9 percent when FICO is determing this in scores --is this your total revolving credit limits to balance ratio (hope that wasnt confusing) or each card individually for each card....thanks just really trying to get more knowledgable as possible with this thing called credit
MOD FIGHT!!!! Lol.Actually FICO only looks at individual cards when uti is over 50%. It first considers overall uti. When an individual card hits the 90 percent mark (maxed), you will start taking hits. I noticed this when I BT'd a 0 balance card up to 85 percent of its limit. Pulled the score and not a peep from FICO as my overall uti was still good. Now lenders start getting nervous a lot earlier than that.
Message Edited by Brammy on 11-18-2007 07:18 PM
yes, a mod fight
I have lost points for a CC reporting between 10-50% util.
I have lost points for a CC reporting between 10-50% util.