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JasonFC

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Why is reported balance different from current balance? What's DISCOVER FIN standing for?
I have only one credit card from discover right now.


Credit Card Utilization 75%
Open Credit Card Debt $490
Credit Card Limit $650
Open Credit Card Debt $0
(no limit reported)

Nov 6, 2013 You are currently using 75% of your available credit card limits


However, my current balance shown on account is less than that.

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Top Contributor
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Discover fin is the credit card and as far as the 75% that is correct 490/650=75$ the reason you may think it is less is because CK is one month behind real time until the beaureas report again when they reported on your closing date it was 75%.....and FYI thats to high ideally you want to get it down to 20% unless if you have an emergency expense like car or hospital bills so nothing higher then $130 for you

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