I've read that once a credit card reaches a certain limit ($50,000?) it is excluded from a person's total CL. If this is so, what becomes of any balance owed on that card -- is it excluded as well?
In the former scoring versions, perhaps. However, not the case with F8 or F9 versions to my knowledge. If you have $50K on a single revolving bankcard it will be factored with the rest of the metrics and any utilization.
In the former scoring versions, perhaps. However, not the case with F8 or F9 versions to my knowledge. If you have $50K on a single revolving bankcard it will be factored with the rest of the metrics and any utilization.
