Amounts owed, also referred to as debt utilization, is the amount of your credit limit you are currently using. In general, the more you are using the worse it looks.
Many people want to know how much of their credit limit they can use before it starts to make them look bad to creditors. However, this is a complicated questions as experts disagree. Some say you, ideally, you should stay as low as 5% of your credit limit, others say 30% or less is okay. As a general rule, try to keep your credit used as low as possible, but don't start worrying about it until its more then 20% of your credit limit.
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