Credit Cards

[beb86]

I would let it post for 1 statement and then pay it down since next time it reports your UTIL will have rebounded 

[jsucool76]

I always let my GE cards report a balance, otherwise a statement doesn't generate amd I have heard of people getting denied CLIs due to "not rnough experience and current credit limit" because no statements have generated. Obviously others have gotten CLIs without reporting balances, but im in the garden so I don't mind if my score drops a few points.

[gijoe4500]

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jsucool76 wrote:
I always let my GE cards report a balance, otherwise a statement doesn't generate amd I have heard of people getting denied CLIs due to "not rnough experience and current credit limit" because no statements have generated. Obviously others have gotten CLIs without reporting balances, but im in the garden so I don't mind if my score drops a few points.

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I'm one of those people.  I haven't had a statement generate since the spring, because I never let a balance report.  That's going to change though.  I'm going to make my walmart card my 1-9% reporting card, and keep everything else paid off.  A tank of gas each month should cover it.

[creditnocash]

this is all true. 

ive had my card since end of july and still dont have a statement. 

asked for a cli and was denied by the system but asked to be manually reviewed and was approved 800 to 3k. 

no discover version yet though.