6 credit report score killers
High debt to credit limit ratios
Credit scores typically look at your debt to credit limit ratio in two ways: They compare the balance on one account to your available credit from that lender. So, a credit card with a $1,000 balance and a $5,000 credit limit, has a 20 percent ratio.
Scoring formulas also look at your debt-to-credit limit ratio a second way: calculating the total of all your debts on accounts against your total credit lines.
"In an ideal world, you would want to have (those ratios) under 10 percent," author Evan Hendricks said.