Credit utilization compares a reported card balance with its credit limit. Divide the balance by the limit, then multiply by 100. A $500 balance on a $1,000 limit is 50%. For a combined ratio, add eligible revolving balances and divide by their combined limits.

A second card with a $4,000 limit and no balance would bring that example’s combined ratio to 10%. The first card would still have 50% utilization. These calculations describe balances and limits; they do not predict a score.

An installment account amount is not an additional revolving credit card limit. Do not add installment financing to the denominator of a card-utilization calculation.

Record your statement balance, credit limit, due date, and statement closing date. Ask the issuer when it typically reports. Choose affordable payments and keep your own notes secure. No percentage or product purchase guarantees a particular credit score.

A+ Emergency Credit Repair provides education and support. Credit, reporting, and financing outcomes vary.