At the end of that post, it says that the best borrowers have a less than 7% utilization rate, and that the new FICO will hit those over 50%. What does that mean exactly? I pay my Credit Card balances in full every month. I do have a very old credit card that has a low limit that I keep to have the nice long history thing. Sometimes I use up to 60%, always paid off as soon as the bill comes in, because the limit is low. Does this count as utilization? Will I get dinged because my limit is low even though I pay the thing off every month?
