11-04-2012 02:16 PM - edited 11-04-2012 02:18 PM
You got a card with few thousand limit.. you charge a bunch of stuff, approaching that limit, but PIF. Credit company look at this negatively?
11-04-2012 02:20 PM - edited 11-04-2012 02:21 PM
afjock21 wrote:You got a card with few thousand limit.. you charge a bunch of stuff, approaching that limit, but PIF. Credit company look at this negatively?
Credit card company loves it!
Credit report doesn't know that you PIF and reports it the same as if you carried the balance, but if it is paid down next month. The report will be updated.

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.
>> About myFICO


