Utlilization

[Anonymous]

When determining a FICO score does it matter the utilization rate of one Cc in particular or is it your overall  credit vs. used that matters?

[Tuscani]

Both!

[Anonymous]

what about when you have a history that says: High:  700, Credit Limit: 500, Credit Bal: 0

Does that still play a factor in determining the 35 percent it counts for?

[Anonymous]

"that" meaning the fact that at one point you went over the credit limit.

Thanks for your help T.

[Tuscani]

Nope.. the only thing that matters when calculating util is the balance and CL. Now.. if the CL was not being reporting, the high balance would be used.

Message Edited by Tuscani on 06-08-2007 08:18 AM

[Anonymous]

U are the best.  Thanks