Daily Figures Edition No Sign-Up • Free Forever Vol. XII — No. 204
“The figures, plainly worked — a standing desk of free, no-nonsense calculators.”
Find a calculator

Credit Utilization Calculator

Find your credit utilization ratio from balances and limits.

Credit utilization
—
Ratio.
Details
Rating—
Balances—
Limit—
Available—
Show our math
Enter your figures above to see the step-by-step working.
Everything computed client-sideEverything computed client-side — nothing leaves this page

How the Credit Utilization Calculator Works

Credit utilization is how much of your available credit you’re using: total balances divided by total credit limits, as a percentage. $2,000 owed against $10,000 of limits is 20%. It’s one of the biggest factors in your credit score, and keeping it under 30% — ideally under 10% — helps your score most.

Both per-card and overall utilization matter, so a single maxed-out card can hurt even if your total is low. Paying down balances before the statement closes lowers the reported figure.

utilization = total balances ÷ total credit limits × 100

Frequently Asked Questions

What is a good credit utilization?

Under 30%, and under 10% is best. Lower utilization generally means a higher score.

How is credit utilization calculated?

Divide your total balances by your total credit limits and multiply by 100.

Does utilization affect my credit score?

Yes — it’s one of the largest factors. High utilization can noticeably lower your score.

More From The Desk

Same plain method, different figures