If a consumer has two credit cards with a $5,000 limit each, and one card has a $5,000 balance while the other has a $0 balance, the total credit utilization is 50%.

Authors

• Person: Not available Organization: PVFCU
  How Credit Card Utilization Impacts Your Credit Score

Sources

• How Credit Card Utilization Impacts Your Credit Score www.pvfcu.org PVFCU via serper

Referenced by nodes (1)

• Credit Utilization concept