conversation: User (FakeTails): "I searched this subreddit for what I wanted to know and I could not find anything similar to my question. I wanted to know weather credit utilization was calculated upon use or upon statement? Example: Lets say I use $300 of my $500 credit card. Then I pay off my credit card down to 9% before the statement is posted. Does this count as low utilization? or would it be considered high because I used it at all?\n\nThank you all for any input!\n\nEdit: Double jeopardy question: Ive read mixed answers throughout this subreddit, what is the correct % to keep at for "low utilization"? (Yes I realize this is probably breaking the rules involving asking previously answered questions, but I figure since I am already asking another...)"
  Self: "It depends on the balance when you get your score checked. So if you pay it all off, then get checked, your utilization rate is lower. The statement date doesn't matter."
  User (FakeTails): "So when you say "checked" do you mean that the credit company(being general) checks your card randomly to see how you're doing? or is there something more specific I am missing out on?"
  