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13CherBear

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Credit Card percentage of use
Is having three CCs with similar, but high percentage of use decreasing at the similar rate or pay 1 off with 2 at higher percentage use rate?

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I hope someone will correct me if I'm wrong, but I don't think it matters. As I understand it, it's your TOTAL debt versus your TOTAL available credit that yields your credit utilization percentage. Where it could matter is if you're looking at high utilization on a per-account basis, but that doesn't impact your score to the best of my knowledge.

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With FICO it is scored both ways, on an individual account basis as well as an overall utilization among all accounts. It is a good idea to try to keep all accounts, separately and overall at below 30% at minimum, more for better scores.

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