09-21-2012 04:11 PM
I use my Barclays Apple Financiing Visa for everything..they incresed my CL from 1700 to 3500 two days ago.
3500 is not quite high enough
So I charge like 900 at a time wait for that to post then pay it off
I usually do this once a week ...so 3600 in a month
This is ok and looks good right?
09-21-2012 04:29 PM
09-21-2012 05:33 PM
They just want to get paid! Your weekly payments may end up being a good argument for a CLI.
09-21-2012 06:04 PM
I do not think it matters. I know some have said that some creditors might think you have budgeting problems but I am not sure I agree. I pay my credit cards 2-4 times a month and I don't think it has made me look bad.
09-21-2012 06:18 PM
Not a problem at all. In fact I highly recommend it to keep you utilization lower on your statement date. If you only paid once a month and you added 3400 of your 3500 CL you are going to look like you have a high utilization and this would lower your FICO score