All Questions
Tagged with credit-report balance
3
questions
2
votes
1
answer
3k
views
Does paying off my credit balance before the due date for a lower utilization rate hurt my score?
Last month I opened a cash rewards credit card with Bank of America. I am worried about my credit score, as my first closing date was the end of September. I paid off the balance that I used a ...
- 23
0
votes
3
answers
183
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How will having two active credit accounts with different balances affect my monthly credit scores?
I heard that with the new FICO model, they want you to spend ten percent or less of your credit limit to keep your scores from dropping.
I recently applied for a second credit card, one with four ...
- 282
5
votes
4
answers
3k
views
Should I pay credit card balance to ZERO, or just the balance due?
I have a credit card set to pay the balance due in full on the due date automatically, so I don't pay interest. By the time the due date hits, my actual balance is of course, almost double the ...
- 175