Posts Tagged Debt Ratio
Is the FICO debt-credit ratio an average of each account or a total of all accounts?
jimjones3 asked:
For example, I have 10 credit cards. Is the FICO score impacted by the total debt vs total credit limit? Or….Is it an average made up of the individual cards?
For example, I have 10 credit cards. Is the FICO score impacted by the total debt vs total credit limit? Or….Is it an average made up of the individual cards?