Credit Advice

Have a question? Have advice to share? The combined knowledge and experience of everyone in the Credit Karma community can help you. Enter your question or help others below to get started!


Posted in Credit Report
Profile Image

Question By

0 Contributions
0 People Helped
Experian: "Amount owed on revolving credit is too high" What??
Hello fine ladies and gentlemen,

I have a Capital One Platinum with $2K credit limit. I requested a credit increase as I'm getting pre-approved offers in the mail for higher than that. I was denied and in the credit score that accompanied it one of the 'Key factors that adversely affected
your credit score" was "Amount owed on revolving credit is too high". the others made sense (too little credit history, etc) but this one does not as I have purposely adjusted my autopay to always bring it down to 8-9% of my limit. Originally I was paying the entire balance each month (and sometimes twice a month when it was $500 limit) but was told that's a bad idea as it makes agencies think I'm not using the card.

Is it that they took a snapshot of my balance at the time of the credit limit request (aka before my autopay on the 25th) or am I doing something else wrong? I have many times my limit in cash so paying whatever isn't an issue, I just want to do it right.



P.S. This is my first CC which I've had now for 13ish months and my score was 716, is that decent?

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.


Reply to this Question

Write your response:
Enter Your Comments

The Credit Advice pages of the Site may contain messages submitted by users over whom Credit Karma has no control. Credit Karma cannot guarantee the accuracy, integrity or quality of any such messages. Some users may post messages that are misleading, untrue or offensive. You must bear all risk associated with your use of the Credit Advice pages and should not rely on messages in making (or refraining from making) any specific financial or other decisions.