[JoiceA]

CL should depend on how much you spend!

An adviser I used to work with taught me that an ideal CL should actually depend on how much you spend and NOT on your annual income.

To be specific: Total CL should be 10 – 15 times your total monthly spends.

This way, assuming that you always PIF every month, your total utilization never/rarely exceeds 10%, which is a good in respect to FICO credit score.

[JoiceA]

An adviser once told me that the ideal total CL should actually depend on how much you spend and NOT on your annual income.

To be specific: Total CL 10-15 x your total monthly spends. As long as you PIF every month, your total utilization never/rarely exceeds 10%, which is a good in respect to FICO.

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