“Keeping revolving credit low can have a positive impact on an individual’s credit score, since this accounts for almost 30 percent of a typical score.” – A Fair Isaac press release, December, 2012
Let’s say we have 100 loaves of bread. There are two categories: Baked, and not yet baked (still dough).
There are 30 loaves in the baked category, and there are 6 types of loaves within that 30:
1 white 1 wheat 1 sourdough 1 French 25 rye 1 multigrain ------------ 30 TOTAL
If we add the 70 loaves that are not yet baked, the total is 100.
1 white 1 wheat 1 sourdough 1 French 25 rye 1 multigrain 70 not yet baked ---------- 100 TOTAL
Is it honest to say that almost 30 percent of the loaves are rye?