Letting balances post?

Anonymous · ‎11-08-2014

Is it bad to pay my cards off as soon as I see that charges went through? I don't use them that much, and I like to keep the balances low or 0. Is it better to wait until I get a statement? I ask because I've seen a few threads lately mention letting things post before paying.

lhcole77 · ‎11-08-2014

Depends on what you're trying to achieve. If you're looking for optimal scoring, then let all cards except for one report a zero balance and then let that one report between one and nine %.

I'm not looking for optimal scoring right now so I don't mind if my cards reported balance. I let statements cut and pay in full or carry a small balance from time to time. I also carry balances on 0% cards. I don't mind doing that.

This has been working for me so I will keep doing it.

edit: letting all cards report a 0 balance will most likely ding your score

Anonymous · ‎11-09-2014

@Anonymous wrote:
Is it bad to pay my cards off as soon as I see that charges went through? I don't use them that much, and I like to keep the balances low or 0. Is it better to wait until I get a statement? I ask because I've seen a few threads lately mention letting things post before paying.

I personally charge what I need to charge at least up to 60% and let whatever balance post when it posts, then pay it.. This is a common occurence with my cards that are not 5 digit CL.

MarineVietVet · ‎11-09-2014

@lhcole77 wrote:
Depends on what you're trying to achieve. If you're looking for optimal scoring, then let all cards except for one report a zero balance and then let that one report between one and nine %.

I'm not looking for optimal scoring right now so I don't mind if my cards reported balance. I let statements cut and pay in full or carry a small balance from time to time. I also carry balances on 0% cards. I don't mind doing that.

This has been working for me so I will keep doing it.

edit: letting all cards report a 0 balance will most likely ding your score

I agree.

Anonymous · ‎11-10-2014

@MarineVietVet wrote:
@lhcole77 wrote:
Depends on what you're trying to achieve. If you're looking for optimal scoring, then let all cards except for one report a zero balance and then let that one report between one and nine %.

I'm not looking for optimal scoring right now so I don't mind if my cards reported balance. I let statements cut and pay in full or carry a small balance from time to time. I also carry balances on 0% cards. I don't mind doing that.

This has been working for me so I will keep doing it.

edit: letting all cards report a 0 balance will most likely ding your score
I agree.

Marine.. Long time no see brother! I lurked on here for years until most recently posting.. Last time i saw you post, you were leaving the boards to build a house in Colorado or something, no?

MarineVietVet · ‎11-10-2014

@Anonymous wrote:
Marine.. Long time no see brother! I lurked on here for years until most recently posting.. Last time i saw you post, you were leaving the boards to build a house in Colorado or something, no?

Hey there.

We're STILL trying to get that darn cabin built!! Lots of problems along the way but we haven't given up.

Thanks for the shout out.

Anonymous · ‎11-10-2014

@MarineVietVet wrote:
@Anonymous wrote:
Marine.. Long time no see brother! I lurked on here for years until most recently posting.. Last time i saw you post, you were leaving the boards to build a house in Colorado or something, no?
Hey there.

We're STILL trying to get that darn cabin built!! Lots of problems along the way but we haven't given up.

Thanks for the shout out.

Where in CO?

MarineVietVet · ‎11-10-2014

Nixon wrote:Hey there.

We're STILL trying to get that darn cabin built!! Lots of problems along the way but we haven't given up.

Thanks for the shout out.
Where in CO?

Conejos County. Seven miles north of Horca on FR 250.

Anonymous · ‎11-10-2014

@MarineVietVet wrote:
Nixon wrote:Hey there.

We're STILL trying to get that darn cabin built!! Lots of problems along the way but we haven't given up.

Thanks for the shout out.
Where in CO?
Conejos County. Seven miles north of Horca on FR 250.

Ah, south of Alamosa

Anonymous · ‎11-10-2014

@MarineVietVet wrote:

Conejos County. Seven miles north of Horca on FR 250.

wow... I read that as Cojones. dang my dyslexia