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Member Since: January 2012

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Credit card utilization and your credit score

Apr 03, 2014

I historically used to pay all of my credit cards completely off when I used them. I have 5 credit cards, some months I would only use 1 card and keep tha balance on the other 4 at zero. In many cases I was below a 1% utiliziation (many months I didnt use a card at all). This caused my utilization score to go from an A rating to a C rating. Does this mean if some of us do not use more than 1% of our total credit limits combined that we should be carrying balances over?