Reply
Established Member
aad041109
Posts: 44
Registered: ‎05-10-2013
0

Re: Barclay CC Questions


improvingmycredit wrote:
@aad041109
Gotcha! Well I applaud your recovery. Looks to me like you are on a great credit path. Barclays is a good company to get in with early. They'll do you right. :smileyhappy:

Yes, I recovered nicely with help from people like you. :smileyhappy:  I still have some milestones to get to, and it looks like Barclay can help me get there. Thanks for all the help.


Starting Score: 520s (BK7 in 09/08)
Current Score: EQ 676, TU 662 (MyFico Scores)
Goal Score: 700 Club


Take the FICO Fitness Challenge | In the Garden until 10/2013 | Last App in 04/13 (Barclay Card & Cap1 CLI)
New Member
Lunacy123
Posts: 9
Registered: ‎04-28-2013
0

Re: Barclay CC Questions

You don't need to worry about going over 50% throughout the month. In fact if you are always charging up to your limit and making a payment, that can tell them you do need an increase.  Some creditors do look negatively at multiple payments, as they view it as you can't handle your finances so pay right away.  You should set up autopay of at least the minimum, just in case, and pay the balance before the statement date. You can set up an alert when you are within a specific dollar amount of your limit, and then schedule extra payments as needed.

Established Member
aad041109
Posts: 44
Registered: ‎05-10-2013
0

Re: Barclay CC Questions


Lunacy123 wrote:

Some creditors do look negatively at multiple payments, as they view it as you can't handle your finances so pay right away.


Do you know that out of experience or did you read it somewhere? Also, do you know which banks does not like multiple payments per month? Thanks in advance for the help.


Starting Score: 520s (BK7 in 09/08)
Current Score: EQ 676, TU 662 (MyFico Scores)
Goal Score: 700 Club


Take the FICO Fitness Challenge | In the Garden until 10/2013 | Last App in 04/13 (Barclay Card & Cap1 CLI)

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
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+
}