Enter the revolving credit balance ($) and the total credit limit ($) into the Calculator. The calculator will evaluate the Credit Percentage.

## Credit Percentage Formula

CP = RCB / CL * 100

Variables:

• CP is the Credit Percentage (%)
• RCB is the revolving credit balance ($) • CL is the total credit limit ($)

To calculate Credit Percentage, divide the revolving credit balance by the total credit limit, then multiply by 100.

## How to Calculate Credit Percentage?

The following steps outline how to calculate the Credit Percentage.

1. First, determine the revolving credit balance ($). 2. Next, determine the total credit limit ($).
3. Next, gather the formula from above = CP = RCB / CL * 100.
4. Finally, calculate the Credit Percentage.
5. After inserting the variables and calculating the result, check your answer with the calculator above.

Example Problem :

Use the following variables as an example problem to test your knowledge.

revolving credit balance ($) = 2,000 total credit limit ($) = 10000