cancel
Showing results for 
Search instead for 
Did you mean: 

Utilization question

tag
Duncanrr
Valued Contributor

Utilization question

Are you dinged for having a card's utilization over 9% if your total utilization is under 9%? 

 

ex. Card 1:   0/1000

      Card 2:  180/1000



Starting Score: EQ 551 TU 548 CK 607on 6/8/12, EX 542(AMEX pull 3/4/12)
Current Score: EQ 808 TU --- EX --- CK 804(FAKO-EX 821, EQ 823, TU 803)
Goal Score: 750

Take the FICO Fitness Challenge
Message 1 of 2
1 REPLY 1
jamesdwi
Valued Contributor

Re: Utilization question

You will have small dings for the balance, so you won't get the best FICO score, but most lenders over look total UTLs of 30% or less as long as each card is less than 70% UTL much less is better. 

 

Cards: Chase Southwest 20k & CSR 17k & CSP 10k & FNBO 30k Oregon Duck 5k, & AMEX BCP 32.5k & Amex Magnet 15k&amg; Hilton Surpass 7.5k & Delta Gold 12k & Zync NPSL, Fidelity AMEX 17k Commerce5.9k & Cash Forward 7.5k & Sams Club MC 20k, Paypal Extras MC 10k, Paypal Credit 7.25k CapOne Venture 15k, QS 2.5k, QS 750, Amazon 10k, Walmart 10k, Citi Simplicity 18k, Discover IT 23k and a nice stack of store cards.
Landmarkcu Personal Loan 10k
Message 2 of 2
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.