This partial FICO scoring model shows that a consumer with no revolving trades or an average balance of $ 0 in
their Outstanding Debt category (i.e. 0 % credit utilization) receives fewer points than a consumer whose average balance is between $ 1 and $ 99.
Not exact matches
So if you had different
categories of
debt outstanding in your credit card account — maybe a balance transfer at a special, low rate and purchases you made directly to the account — extra payments would be applied first to the
debt with the lowest APR..
You can place these into three
categories: final expenses,
outstanding debts, and emergency expenses.