Utilization question...

[Anonymous]

I have two accounts I do not know if I should include in my util equation, one is a Dell preferred account and the other is a home depot preferred account...probably yes to both but just wanted to make sure. Thanks!

[Anonymous]

Yes on both-

They are both "Revolving" accounts-

Credit cards and LOC's are calulated in UTL

Unless- the Bal or CL is over 40-50K

Charge cards (must be paid in full every month) are reported as Other and not included in UTL.

[Anonymous]

Thank you sir! Trying to get a plan of action...