CC Balance-to-Limit Ratio Calculator

How much of my credit card limit am I using?

Use this calculator to figure your balance-to-limit ratio or what percentage of your available credit card debt you are actually using. A low balance-to-limit ratio indicates you use your available credit wisely, which is important to lenders and plays a significant part in credit risk scores. In general, it is better to leave credit card accounts open if you have zero balances than it is to close them, especially if there is no negative activity associated with the account. That’s because for each zero balance credit card account you close, your balance-to-limit ratio goes up, and it suddenly looks like you may be overusing your credit. Unused credit results in a lower balance-to-limit ratio.

Field Help

Input Fields

Title: A title for these calculator results that will help you identify it if you have printed out several versions of the calculator.

Credit Card Issuers: The credit card issuer – Visa/MasterCard might be enough, or the name of the issuing bank. This field is just to help you identify which card this is.

Balances: Your current outstanding balance on this credit card.

Limits: Your credit limit for this credit card.

Output Fields

Ratios: ‘Balance’ / ‘Limit’ gives the percentage or ratio of how much of the limit is used for this card.

Totals: Add the ‘Balances’ and ‘Limits’ down the columns. Calculate ‘Total Balance’ / ‘Total Limit’ to give the total percentage or ratio of how much of the total limit of all your credit cards is used.

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