Which of the following statements regarding the credit utilization ratio are true? Check all that apply.

The Fair Isaac Corporation believes that a borrower should not maintain a balance that is greater than $30\%$ of the credit limit of a single credit card.

The credit utilization ratio is used to evaluate a borrower$$s payment history, and indicates the percentage of credit cards that have been paid late during the last three years.

The credit utilization ratio indicates the percentage of your total debt obligation held in the form of credit cards balances.

The purpose of the credit utilization ratio is to identify how heavily a borrower relies on individual cards as well as all your cards.