01-08-2013 09:24 PM
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.
01-08-2013 10:26 PM
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.
01-08-2013 10:33 PM
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.
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