I want to pay off billed credit card charges in full each month to improve my credit score.

[MMB85]

Well, I appologize everyone. Didn't mean to be disrespectful and confrontational. Was never my attention. Thanks to those posters who helped to make things more understanding to me. That is why I joined this site. I stll have a lot to learn, but it seems like I am in the right place to acheive that. 

[myjourney]

While I do love a lively debate this one is turning in the wrong direction and I'll ask that we stick with the topic please 

Thank you MJ

[MMB85]

---

@MMB85 wrote:

Alright I have yet to get my new Discover statement. That statement is going to be the first one with my FICO on it. So I looked at my previous statement and it said this:

Open Date: October 20, 2013

Close Date: November 19, 2013

Payment Information:

New Balance: $0.00

minimum payment due: $0.00

Payment Due Date: December 14, 2013

So this means that my statement cuts on November 19, right? So I should have a small balance remain on this card until after the 19th so that it gets reported, but then of course pay it before the 14th of december so I don't pay itnerest. right?

So really, my credit score, which people are saying is dated a few days prior to the statement date will be a month off, right? So, me having a balance on my card won't be reflected on the score I will get on this upcoming statement, and would have to wait until the following one, correct?

---

Bump. Appreciate the help.

[09Lexie]

Looks like this thread has gone off topic.

~Lexie

Edit: Correction, not off topic - 

MMB855,

If you want to start a thread pertaining to your situation, please do so.  

[09Lexie]

I'm unlocking this thread so that OP's question may be addressed. 

Please address those replies to the original topic.

Obviously, this thread is being watched.

Thank you 

~Lexie, myFICO Moderator

[Fico2Go]

LTlurker says it best..

>>>>Doing what you do might work for you, but is missing one of the key advantages of credit cards, you can get an interest-free float between purchase and due date.>>>>>>

Using other people's money for 30-60 days free is always a benefit. 

Another method that was not highly emphasized is Paying 90-99% across the board balance by the statement date -- leaving 1-10% balance reporting on all accounts.  I have no proof this works the best but it would keep all accounts active and maintain DTC ratios on individual accounts as well as total utilization ratios. 

One could choose to pay 1-10% by the due date...or carry the balance in the case of a 0% interest promo.  

[Shogun]

---

@parkman wrote:

Thread is derailing...I think if we call mods 3 times in a row they'll appear...lol

---

1...2...3...

As stated above, let's keep it friendly and on topic.  Thank you.