Balance question ?

Discuss anything related to interest rates & fees, like balance transfer offers, low rate cards, annual fees, etc.
2 posts
Gold Member
Gold Member
Posts: 43
Joined: Fri Sep 21, 2012 2:20 am
Location: USA

Balance question ?

Postby gold-rick » Fri Mar 29, 2013 11:00 pm

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
Centurion Member
Posts: 256
Joined: Mon Feb 18, 2013 5:51 pm
Location: New York, NY

Postby AMEXPlatino86 » Sat Mar 30, 2013 10:59 am

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 :cool:
EQ: unknown
EX: 776
TU: 774

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