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re: % of Credit limit to use each month?

Posted on 5/26/11 at 3:55 pm to
Posted by sneakytiger
Member since Oct 2007
2475 posts
Posted on 5/26/11 at 3:55 pm to
Mint sends me alerts all the time about going over 30% of my available credit, even though I pay my balances off every month...
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 5/26/11 at 3:58 pm to
Well, mine is well in excess of 30% of available credit and has been for like 9 months, and it didn't have an impact on my credit score (at least not anything more than negligible) when I went and bought a car 6 months ago. IDK it just sounds arbitrary to me.
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