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Credit Utilization Ratio

lenerd3000lenerd3000 PEx Influencer ⭐⭐⭐
edited August 2019 in Banking and Finance #1
magandang araw po.

tatanong ko lang kung papano talaga ang computation ng credit utilization ratio. base sa mga nabasa ko ay credit card balance divided by credit limit. what if meron akong credit limit na 12k tapos nag avail ako ng 12k na cash loan (credit2cash, cash2go) or installment na payable in 12months at say ang monthly is 1k. since ang sabi ay credit card balance divide credit card limit ibig bang sabihin ay (1k / 12k) * 100 = 8.33%? or (12k / 12k) * 100 = 100%?

gusto kong malaman kng total usage or statement balance lang

TINGNAN: PH Credit Score System & Credit Reporting Institutions [BAPCB, CCAP, CIC, CMAP, TU, etc]
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