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Consumer Advice

FBaggins

(28,259 posts)

1. Generally it's revolving debt divided by total available revolving credit

Reply to Beartracks (Original post)

Mon Oct 14, 2019, 08:28 PM

Oct 2019

However - most people don't realize that you don't really have a single "score"... or even three scores (one for each credit bureau).

Banks often have their own unique twist on the scoring process that they pay the bureaus to produce for them. So whether they want to look at total credit utilization or that of specific revolving accounts is up to them.

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Credit scores and "credit usage" [View all] Beartracks Oct 2019 OP

Generally it's revolving debt divided by total available revolving credit FBaggins Oct 2019 #1

Does revolving debt include "catalog" or "store" cards? Beartracks Oct 2019 #6

It does if you can keep making charges on the account FBaggins Oct 2019 #7

As per Dave Ramsey, if you have to put it on a credit card, 3Hotdogs Oct 2019 #2

Not necessarily customerserviceguy Oct 2019 #4

That does not include paying balance each month use. dixiegrrrrl Oct 2019 #5

It's aggregated customerserviceguy Oct 2019 #3