09-22-2012 02:15 PM
I use my barclays card all the time and did not want to worry about making my weekly payments so I just scheduled them
MY CL is 3500
My Bal is about 2700
I wanted to schedule payments so I would not need to worry about it, but the total amount of all the payments added up is 5400 (over my CL)
900 payment on 9/27
900 payment on 10/4
900 payment on 10/11
900 payment on 10/25
900 payment on 11/3
900 payment on 11/8
Does this look bad to the bank or actually good because it shows I have the cash to pay the card and then some?
Does scheduling help when the credit department decides to approve or decline a CLI via the backroor number?
09-22-2012 02:17 PM
09-22-2012 07:05 PM
I personally would not schedule that many payments; but in my opinion its not a bad thing
I agree I would not either.
09-22-2012 08:36 PM
It doesn't make any difference to the bank, the future scheduled payments aren't being taken into account by anyone as to your creditworthiness. I've scheduled payments up to a year in advance, all they care about is getting at least the minimum payment each period.
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