Amounts Owed
The FICO score factor that accounts for 30% of your score, covering how much you owe across all accounts. Includes your credit utilization ratio (revolving credit) and how much you've paid down on installment loans relative to the original balance.
Related guides
- Full credit & FICO® glossary
Browse all defined terms by category.
- Credit Utilization
The percentage of your available revolving credit (credit cards, lines of credit) that you're currently using. Calculated by dividing your total credit card balances by your total credit limits. Accounts for 30% of your FICO score. Lower is generally better; keeping utilization below 30% is a common guideline, while below 10% is ideal.
- FICO Score
A three-digit number ranging from 300 to 850 that represents your creditworthiness, calculated by the Fair Isaac Corporation (FICO) using data from your credit report. Used by 90% of top US lenders to evaluate loan and credit card applications.
Frequently Asked Questions About Amounts Owed
What does Amounts Owed mean?
The FICO score factor that accounts for 30% of your score, covering how much you owe across all accounts. Includes your credit utilization ratio (revolving credit) and how much you've paid down on installment loans relative to the original balance.
Is Amounts Owed important for my FICO® score?
Yes — Amounts Owed is one of the five factors that directly determine your FICO® score. Understanding it helps you make better decisions about your credit.