Balance question ?
Discuss anything related to interest rates & fees, like balance transfer offers, low rate cards, annual fees, etc.
- Gold Member
- Posts: 43
- Joined: Fri Sep 21, 2012 2:20 am
- Location: USA
Hey guys -
I have $8750 in revolving credit but I have $1650 charged to my Discover IT that has a $2000 limit. That is currently my only card that I owe on.
I know its not good to charge that much on 1 credit card when you are so close to the credit line, but does having the other $7100 in revolving credit available make things a little better?
The cards that I have are
Amex Gold Premier Rewards - NPSL
Discover IT - $2000 CL
Chase Freedom - $1000
Chase Preferred Saphire $5000
Capital One MTV $750
- Centurion Member
- Posts: 244
- Joined: Mon Feb 18, 2013 5:51 pm
- Location: New York, NY
Overall it gives a low utilization rate but just for the fact that cards are reported individually for that card you are in a high utilization and that is still reported.
Wells Fargo Platinum 2.100 (5/2011-cld 7/12/14)
AmEx Platinum (6/12)
Barclays Apple (6/12)
AMEX Gold Delta (5/13)
Marriott Rewards (7/14)
My credit score
Return to “Finance Charges & APR Compare”