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Credit Utilization Calculator
Calculate your credit utilization ratio and learn how it affects your credit score
credit_cardYour Credit Cards
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Utilization30.0%
Total Credit Limit:$5,000
Total Balance:$1,500
Available Credit:$3,500
infoWhat is Credit Utilization?
Credit utilization is the percentage of your available credit that you're currently using. It's calculated by dividing your total credit card balances by your total credit limits.
Formula:
Utilization Ratio = (Total Balance ÷ Total Credit Limit) × 100
Your Credit Utilization
30.0%
Utilization
Good
Great job! This is the recommended range.
Utilization Scale
0%10%30%50%75%100%
check_circle Recommendation
Excellent! Your credit utilization is in the ideal range. Keep maintaining low balances to continue supporting a healthy credit score.
trending_upImpact on Your Credit Score
Credit utilization accounts for approximately 30% of your FICO credit score, making it one of the most important factors.
sentiment_very_satisfied
Under 10% - Excellent
Demonstrates exceptional credit management and maximizes your score
sentiment_satisfied
10-30% - Good
Recommended range that positively impacts your credit score
sentiment_neutral
30-50% - Fair
Starting to negatively impact your score; work on reducing balances
sentiment_dissatisfied
Over 50% - Poor
Significantly hurting your credit score; prioritize paying down balances
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