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CC Util ?

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Regular Contributor

CC Util ?

If i have a CC with a CL of $600 but a total of 7 CC with a total CL of $30,000 and I use say 50% of the CC with the $600 limit how does that affect my score. Does FICO look at CC util by CC or by total available limits on all cards?
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Frequent Contributor

Re: CC Util ?

Your total revolving utilization is what FICO looks at.  However, if any of your cards are "maxed out," it will ding your score.

The rule of thumb here is to let less than half (ideally one) CC report a small balance of 1-9%, and pay the rest in full.


Starting Score: 540 EQ 517 TU on 11/17/08
Current Score: 668 EQ 726 TU
Goal Score: 760 EQ 760 TU


My Credit Repair Journal
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Moderator Emeritus

Re: CC Util ?


joeblow2 wrote:
If i have a CC with a CL of $600 but a total of 7 CC with a total CL of $30,000 and I use say 50% of the CC with the $600 limit how does that affect my score. Does FICO look at CC util by CC or by total available limits on all cards?

Please read Credit Cards

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Re: CC Util ?

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