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What does Total Revolving Balance mean in my credit profile?

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  • What does Total Revolving Balance mean in my credit profile?

    Total Revolving Balances — This is the dollar amount of your total revolving balances. This includes open and closed accounts, as well as unsecured loans. A trade line must have been reported on within the past six months to be included in this figure. Total revolving balances excludes lost/stolen, disputed and transferred accounts, mortgages, auto loans and education loans.
    This is the definition about Total Revolving Balances when I check my credit profie. This is from providian.com.

    and my Total Revolving Balances is Total Revolving Balances: $250-$499

    I have
    amex blue: 10,000$
    delta card: 5,000$
    Chase fredom: 10,000$
    Citi Dividend: 3,300$
    providian card: 1,000$
    So my total is 29,300$
    So I think that my total revolving balances is 29,300$ right ? and what about $250 -$499 ?

  • #2
    The $29,300 is your total credit limit. The revolving balances are the actual amounts you spent.

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