Amount you owe
Updated: Apr 9, 2019
The balance on your accounts is 30% of your available credit score. So, using all your credit will worry lenders and hurt you're score. The lower your balance is, the better your score will be. You should keep your balances around 7% to 10% for each account. Also, if you make a big purchase and want to maintain the 10% balance level, make sure you pay off your purchased item before your bill cycles. If you pay after the cycle, the lender will report your high balance.