Skip to content
Private Lending & Conventional Mortgage Advice

User Stats

53
Posts
20
Votes
Rich Bultema
  • Crown Point, IN
20
Votes |
53
Posts

"Revolving credit balance too high"

Rich Bultema
  • Crown Point, IN
Posted Jun 10 2019, 09:34

My credit is being affected by, among other things, "revolving credit balance too high"

it appears they like to see less than 30 percent utilization but does anyone know how that is handled with more than one credit line?

If I have two credit lines for 10k and they both have 3k balance is that more favorable than one with zero balance and one with 6k balance? 

In other words, are they looking at total balance compared to total available credit or are credit bureaus looking at each individual account.

Loading replies...