I have an AMEX Platinum, which is supposedly unlimited (I know there is a limit). I think my high balance at one time was around $30,000. My current balance is around $4,000. How does FICO determine what percentage of the limit is being used?
We also have this card an I'm interested in the answer. Logically cards with no pre-set limit should not count for utilization calculation but I'm sure they figured out a fancy trick to slash us.
Message Edited by Buckzball on 05-27-2009 12:29 PM
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