Utilization

[SSH0126]

How do you go about finding your uti when viewing a credit report? 

[Anonymous]

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@SSH0126 wrote:

How do you go about finding your uti when viewing a credit report? 

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I am not sure if it is on your credit report, but you can calculate it yourself...add all your credit limits, on all cards then add all your account balances on all cards. Then divide the balance by the limit and that is your utilization.

EX: $15,000 limit with a $5,000 balance would be $5000/15000 = .33333 = 33% utilization

[SSH0126]

What about collections on your credit? 

[Anonymous]

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@SSH0126 wrote:

What about collections on your credit? 

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What do you mean collections?

Maybe i didn't understand your question...I though you mean credit card utilization..that woud be your available credit in relation to your used credit/balances... closed accounts wouldn't apply.

Did you mean your debt to income ratio?

[Anonymous]

Only OC accounts, open or closed, are included in utilization.

[SSH0126]

Oh really so collections just make your score lower and the uti is only for open and closed accounts. what about student loans ? 

[bahbahd]

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@Anonymous wrote:

Only OC accounts, open or closed, are included in utilization.

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He means OC revolver accounts only. Does not include installment loans, child support, judgements, liens, etc. CO OC revolvers with balance due > $0 do affect utilization. 

[Anonymous]

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@SSH0126 wrote:

Oh really so collections just make your score lower and the uti is only for open and closed accounts. what about student loans ? 

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Only revolving utilization highly impacts your scores.  Collections and PR are not included in that.

Installment loans, like SL, mortgages, autoloans, etc have their own separate utilization but that impact is very small.

ETA:  OC COs with a balance and CL reported are included in revolving utilization.  As is a OC collection (internal).