Go Back  FlyerTalk Forums > Miles&Points > Credit, Debit and Prepaid Card Programs > Credit Card Programs
Reload this Page >

what is the effect of high utilization on score

Register
Community
Wiki Posts
Today's Posts
Search
Vendor Directory

what is the effect of high utilization on score

Thread Tools
 
Search this Thread
 
Old Apr 5, 2009 | 3:38 pm
  #1  
UA Fan
Original Poster
FlyerTalk Evangelist
Conversation Starter
All eyes on you!
20 Years on Site
 
Join Date: Mar 2006
Location: DFW
Programs: AA 1M
Posts: 31,939
what is the effect of high utilization on score
If I use 100% of my credit limit in one particular month, on avg what would be effect on my credit score?
UA Fan is offline  
Reply
Old Apr 5, 2009 | 7:16 pm
  #2  
TAHKUCT
All eyes on you!
15 Years on Site
 
Join Date: Dec 2006
Location: USA
Posts: 3,948
Originally Posted by UA Fan
If I use 100% of my credit limit in one particular month, on avg what would be effect on my credit score?
It really depends on your personal situation, how much credit is available to you, for how long you had your accounts and many other factors.

I have citi identity theft credit monitoring and they allow to run different scenarios. I assume that I will max out 6 of my cards with a total credit of 70k and my score dropped 72 points. When I maxed out just one card of 20k, the score dropped only 28 points.
TAHKUCT is offline  
Reply



Advanced Search
Reply Closed Thread Share
Forum Jump

Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service -

This site is owned, operated, and maintained by MH Sub I, LLC dba Internet Brands. Copyright © 2026 MH Sub I, LLC dba Internet Brands. All rights reserved. Designated trademarks are the property of their respective owners.