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Can a high card utilization hurt when overall utilization is low?

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Anonymous
Not applicable

Can a high card utilization hurt when overall utilization is low?

IMy statement closed off early before I paid my balance down. So, it will report at around 80% for my  credit card utilization. My overall credit utilization across all is about 6-7%.

 

Will this cause a huge score drop for my Fico  scores. I know my score will probably increase when my next statement hits. 

Message 1 of 4
3 REPLIES 3
AllZero
Mega Contributor

Re: Can a high card utilization hurt when overall utilization is low?

Your scores will take a slight beating. Please report back on your actual points loss.
Message 2 of 4
Anonymous
Not applicable

Re: Can a high card utilization hurt when overall utilization is low?

Thanks. I will do. A slight beating sounds scary to me😩 I will be stressed out until I see the update. Hopefully, it will not be major. 

Message 3 of 4
Anonymous
Not applicable

Re: Can a high card utilization hurt when overall utilization is low?

I think we've seen high utilization single cards impact scores 20-25 points or so when aggregate utilization stays ideal.  I'm sure there are examples of less or more though.

Message 4 of 4
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