Agg util percentage

[Anonymous]

Hello, FICO pros. Concerning how util percentage is calculated, is the amount always rounded up to the next whole number percentage point? 

I'm trying to determine if say, 5 bucks on a single CC, even on 20k worth of total agg CLs, would be calculated by the algorithm at 1%, or simply rounded down to 0.

Thank you!

[Anonymous]

It would round up.  Any non-zero small reported balance constitutes 1% utilization on a 5-digit limit account.  The key word is reported though.  Some creditors will forgive a very small balance (say a buck or two) and report $0, thus resulting in 0% utilization.

[Anonymous]

Ah ok good point, thank you.

Then 8 bucks should do it 8/2600 for 1%.

[Anonymous]

Yes, without question 1%.