Question

Your credit card debt to limit ratio has a huge impact on your FICA score (30%). It should always be kept below 15%. If your card has a limit of $3,000 and your credit card debt has reached it, what payment will you need to apply to your balance to pay it down to 15%?

Answer 1

Answer: you will need to pay 1,200 dollars

Step-by-step explanation: because if it is half of thirty percent it is half of 3,000

Answer 2

2,550.

Step-by-step explanation: If 15% of 3000 is 450, then you'd have to subtract 3000 down to 450, which is 2550.