Re: Amex Paying in Full..Myth?

Duncanrr · ‎06-08-2012

I would say it would only matter if you know of a lender that uses an old version of TU. Most do not factor it into UTIL. I guess if you want to be really sure and have 1 less account report with a balance then you could do it. I just PIF before the Please Pay By date and both AMEX and I are happy.

Starting Score: EQ 551 TU 548 CK 607on 6/8/12, EX 542(AMEX pull 3/4/12)
Current Score: EQ 678 TU 702 (Amex pull) EX 724 (Amex) CK 682 (FAKO-EX 684, EQ 684, TU 684)
Goal Score: 750
Take the FICO Fitness Challenge

Open123 · ‎02-23-2011

napplegate wrote:
Is there any conceivable benefit to paying before the statement cuts on an Amex charge card in regards to their internal risk scoring or is that a practice better saved for the revolvers?

Unless Amex requests, I can't think of a benefit of paying before the statement cuts, especially on a charge (net 30 terms) card.

jsickz32 · ‎06-25-2012

i pif my cards and have pretty much none cc debt. i think thats what has saved me from getting some cards closed and has helped me get cli on all them except amex...thats why i decided to close my amex cards.

Amex BCE (2500) / Amex SPG (4000) / Amex GoldPR / BofA Total rewards (2500) / BofA Amex (3900) / Bofa cash rewards (5700) / BofA Privileges Cash Rewards (5000) / Citi Forward (3000) / Chase Freedom (3500) / Discover IT (1700) / FNBO AMEX (3600) / Barclays Apple Visa (3960) / NFCU cashRewards Visa signature (12500) / NFCU Flagship Visa signature (12500) / NFCU Navcheck (5000) / MetroCU Visa Elite (5000) / Walmart (4500) / Kays Jewerels (6600) / Kohls (300) / Macys Platinum (2500) / DCU platinum Visa (17500) / Citizens bank cash back (1100) / Bill Me Later (601) / PayPal Smart connect (2200)

Credit Cards

Re: Amex Paying in Full..Myth?

Re: Amex Paying in Full..Myth?

Re: Amex Paying in Full..Myth?