PIF or leave very small balance?

[vtguy25]

Alright I am kind of confused I have been paying my cards in full because I don't want to pay any interest, but I have read that leave a very small balance is good as long as it is under 9%..... Looking for advice I just want to do whatever is going to bump my score the fastest right now I sit with a 629 from EQ and my two goals are to refi my car with DCU and I really would like to get a berclays CC.  Looking for any suggestions!! Thanks

[CWESTL]

It is possible to PIF monthly while also having a balance of 9% or less reporting on your credit reports. The statement balance must be PIF by the due date in order to avoid interest charges. However, purchases made after a statement closes aren't due to be paid until the following statement is produced. These charges aren't assessed interest fees unless you fail to PIF by the due date of the following statement. The purchases made after your statement will be reported as your new balance despite you having PIF the previous balance. 

[vtguy25]

I understand how interest works I am just wondering if it is better for there to be balance showing under 9% or a zero balance because I paid in full and there would be no balance reported......

[collics1]

I don't think you understood what the other poster explained.

I'll do my best as I work for WF credit cards.

Example.

Your cc has a statement/billing end date. Let's just say it's the 30th of each month. On the stmt end date is when WF reports the credit card info to each agency.

Your due date for the charges until the 30th let's say is the 15th of the next month. You PIF by that date to avoid interest.

So....as long as by the 30th you did not have over your 9-10% utilization that is what is being reported.

And as long as you pay it by the due date in full you are not charged interest.

Therefore, you have done both of those things.