Quote:
Originally Posted by Alvinized52
Quote:
Originally Posted by LOW4LYF
Quote:
Originally Posted by Alvinized52
3) keep monthly balances under 30% of credit limits.
|
You mean each card less than 30% or in total?
|
Each!
|
Quote:
Originally Posted by LOW4LYF
Quote:
Originally Posted by Alvinized52
3) keep monthly balances under 30% of credit limits.
|
My credit score doesn't seem to have changed?
I consolidated everything to 1 card (0% interest transfer), so that card is up above 35%.........but my total utilization is only 11%.
|
Only total utilization ratio really matters to the credit score AFAIK.
Also, the rule of thumb I have heard is keep the total under 10%, 30% seems really high.