Credit Utilization Ratio

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

Comments

  • seduexseduex Member ✭✭✭
    Kindly post your concern sa Metrobank Thread
  • IronHandofJusticeIronHandofJustice Member ✭✭✭✭
    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
    You have 100% utilization. Remember that your purchase is being deducted in full by the time they swiped your card.
  • lenerd3000lenerd3000 Member ✭✭✭
    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
    You have 100% utilization. Remember that your purchase is being deducted in full by the time they swiped your card.
    thanks lodi Iron. kala ko pa naman statement balance lang

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