Sentences with phrase «total credit limits across»

However, Chase looks at more than just your credit score — such as your debt to income ratio, credit utilization ratio, total credit limits across all banks, the total number of credit cards that you currently have, payment history on other credit cards and other proprietary factors that Chase may have in their algorithm.

In this scenario, my total credit limit across all of the open accounts would be $ 6,000 (2,000 x 3).

You can calculate your credit utilization ratio by adding up your total outstanding balances owed dividing it by the total credit limit across all of your open accounts.

Not exact matches

For example, let's say you owe $ 500 and have a total credit limit of $ 2,000 across all cards.

For example, if you have two credit cards with a combined balance of $ 5,000, and the total limit across those two cards is $ 10,000, then you are using half of your available limit.

The average credit - card - debt - free person has a total credit limit of $ 12,473, spread across two cards.

Plus, FICO considers the total amount of revolving debt across all your credit card limits together as well as individually.

Someone with a $ 10,000 limit total across 4 cards, who then uses $ 2,000 of her credit has a credit utilization ratio of 20 %.

American Express, for example, may limit you to a total of $ 50,000 in credit across all Amex cards.

You want to stay under 10 % of your total combined credit limits across all cards.