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Question By
pepper0001

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is the card utilization based on combined credit card limits?

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Yes, you would take your total balance and divide it by your total credit limit to get your utilization percentage.

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Most scoring systems base it both ways, you are scored on overall (all revolving accounts) and the utilization for each card as well.

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Reply by
LoanRangerCo

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That's right. You are scored BOTH by the total and by individual credit limits, so even if your total utilization is 20%, if you use way more than 20% on one card, your credit score will likely be impacted. Hope this helps.

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