Find your credit utilization ratio - one of the biggest factors in your credit score - across your credit cards.
Credit utilization is the percentage of your available credit that you're currently using. It's one of the most heavily weighted factors in most credit scoring models, second only to payment history.
Utilization (%) = (Total Balances ÷ Total Credit Limits) × 100
$1,800 in balances against $6,000 in total limits is a 30% utilization ratio - right at the upper edge of what's generally considered healthy.
Utilization = (total credit card balances divided by total credit limits) x 100.
It's one of the bigger factors in credit scoring models — lower utilization generally signals lower credit risk to lenders.
Keeping utilization under 30% is a commonly cited guideline, with under 10% often considered ideal for the best credit score impact.