KLOORACredit Utilization Calculator
Find your credit utilization ratio and the balance needed to reach 30 or 10 percent.
Quick answer: Credit Utilization Calculator: Find your credit utilization ratio and the balance needed to reach 30 or 10 percent. Everything runs in your browser, so nothing you enter is uploaded or stored.
How to use Credit Utilization Calculator
- Enter your values in the fields.
- The results update instantly as you type.
- Note or copy the numbers you need.
Features
- Instant results
- Free, no signup
- Runs in your browser, nothing is uploaded
- Works on phone and desktop
How it works
Utilization = total balances divided by total credit limits, shown as a percent.
Worked example
A balance of 4,500 on 15,000 of limits is 30 percent. Paying 3,000 brings it to 10 percent.
Good to know
Issuers often report your statement balance, so paying before the statement date can lower the reported ratio.
Frequently asked questions
What is credit utilization?
The share of your available revolving credit you are using: total balances divided by total limits.
What is a good ratio?
Under 30 percent is a common guide, and under 10 percent is often best for credit scores.
Is the Credit Utilization Calculator free?
Yes. It is free, needs no signup and works on any device.