Frequent Contributor
Posts: 486
Registered: ‎10-02-2007

Weekly Payments OK?



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 3600 in a month


This is ok and looks good right?


Mega Contributor
Posts: 15,434
Registered: ‎04-09-2011

Re: Weekly Payments OK?

You can make as many payments as you like, any creditor likes seeing you can pay back your debts easily.

Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
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Posts: 315
Registered: ‎02-01-2010

Re: Weekly Payments OK?

They just want to get paid! Your weekly payments may end up being a good argument for a CLI.


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Established Contributor
Posts: 786
Registered: ‎05-16-2012

Re: Weekly Payments OK?

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.

100% Ficos: EX 753, TU 743, Walmart TU fico 749, EQ 739 Inquiries last 1 year/6 months: EX-0/0, TU- 0/0, EQ-2/1~ last credit card app 6/24/13- New car loan 3/8/2014
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Frequent Contributor
Posts: 284
Registered: ‎04-21-2012

Re: Weekly Payments OK?

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

Starting Score: 676 Feb 2008; Current Score: 773 EQ, April 2014; Goal Score: 780 by end of year
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