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 Scores
Profile Image

Question By

2 Contributions
0 People Helped
Improving Debt to Credit Limit Ratio
My score is hurt by high credit utilization. I have a substantial lump sum I can now apply to my revolving debt. Question: For FICO purposes, is it just the aggregate debt to credit limit ratio they look at, or do they look at the ratio across individual accounts to see if most of your accounts below say 35% utilization. This makes a big difference in deciding what to pay off because if it's just the aggregate I'll pay the highest interest accounts first since it's all the same; but if its judged acount-by-account I'll start with the smallest accounts where it takes the least amount of payoff money to affect the ratio.

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.