Not yet; however, I only have 3 cards currently and that isn't excessive to manage for me personally. At some point I'll be expanding that to 6 or even 8 longer term, and at that point I suspect I'll setup an autopay for minimum just in case life goes sideways and I forget for whatever reason or an online transfer doesn't go through in time.
It's a small thing, but given how damaging any derogatory is to one's credit profile, I think it's a recommended defensible position.
Starting Score: EQ 561, TU 567, EX 599* (12/30/11, EX lender pull 12/29/11)Current Score: EQ 660, Wally TU 697, EX unknown (05/13/13)
Goal Score: 680 in all three (01/01/14)
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Nope... Pay as soon as they post.
Starting Score: 504Current Score: EQ FICO 819, TU08 775, EX "Who Knows?" Quizzle 756
Goal Score: All Scores 760+, Newest goal 800+
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I have autopay on most of my cards, but only for the minimum balance due. Since I manually pay my bills before the due date (often before the statement date), this autopay has never been applied (because my minimum balance due is always $0). The only reason the autopay is there would be if I was somehow unable to initiate my regular payment (possibly there is no internet access or phones, or even the possibility that zombies are taking over and eating the population). In this case, the autopay would pay the minimum due to prevent any fines or bad credit until I am in a better situation to continue my regular payments.
Starting Score: 08/29/2011 TU 671 EQ 674Current Score (myFico + Amex): April 2013 TU 754 EQ 694 EX 694
Wallet: NFCU Visa Sig 25k, Amex Lowes 22k, NavCheck 15k, Amex PRG, Amex Zync, Discover It 13.5k, Amazon Visa 5k
Silver Spade Garden Club Member: App Free since 1/1/13. No more apps til 2014
MyFICO Fitness Goal: 800s Club!
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