Review Anthonys credit card situation and complete the credit utilization problems.

Anthony has a Visa card with a $33,500 limit, a MasterCard with a $22,000 limit, a Chase Card with a limit of $17,000 and a Discover card with a $37,500 limit.

Anthony has accumulated the following balances on his credit cards:

• Visa card: $19,299
• MasterCard: $19,952
• Chase card: $2,000
• Discover card: $3,886

Based on Anthonys credit card limits and balances answer questions 2A and 2B.

2A. What is Anthonys debt to credit ratio? (2 points)

2B. Based on the information presented in the course materials, is Anthonys DCR good or bad? Why? (2 points)