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Credit Card Utilization

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Anonymous
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Credit Card Utilization

last month my utiizatin was 1% which credit karma put 1 to 10 as execllent. this month I was at 9 % should I expect my score decrease since I am higher than I was last month even though my utilaztion is still great? 

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2 REPLIES 2
takeshi74
Senior Contributor

Re: Credit Card Utilization

Revolving Utilization isn't simply scored as good or bad.  The % matters.  Generally, the bigger the change, the bigger the impact.  You may see some negative impact for that change but it wouldn't be as significant as, say, jumping to 50% for example.  9% is still very low.  Are you applying for new credit immediately?

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Anonymous
Not applicable

Re: Credit Card Utilization

im looking to apply for a mortgage in the next 2 months 

 

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