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ahlawek

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Why doesn't my credit card utilization change when the balance is paid off?
Updated CK account and balances show as $0, yet credit card utilization remains at 45%.

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Your credit card utilization on your Credit Report Card is calculated using the updates your creditors send to the credit bureau. Your creditors only send updates once per month. The balances are your "reported balances" and not necessarily your current balances.

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