WHAT IS A HIGH AMOUNT OWED?
FICO overachievers, 720 plus scores, keep an average balance between 1% and 3%, anything over 50% is too high according to FICO. If you are currently at 100%, get below 100%. Then 70, 50, 30, 10... Know when your lender reports. If you pay your balance in full when you get the statement, you are always reporting a maxed or high card. The creditors usually send in the balance and payment history 10 days before the statement closes or at the ..