Recommended Maximum Credit Utilization per Credit Card/Line of Credit is 30% …

QuestionsRecommended Maximum Credit Utilization per Credit Card/Line of Credit is 30% …
Frank Settle asked 5 years ago

… for each, according the loan officers — “insiders” —  that I have talked to.

 

The result is that both Experian (754) and Equifax (778) rather quickly rated me as “Very Good”; however, TransUnion (758) — always the laggard — waited much longer to increase my score when I broke the rule, even for only a few days: TransUnion was the only one to drop my score by 10 points when I, for only a few days, increased my utilization to 70% — in other words, they were to quick to drop my score to “Good” but slow to bring it back to “Very good.”

 

 

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