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Why Pay New Charges In Full Before Statement Closes?

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FrugalRican
Blogger
‎10-11-2012 04:25 AM
‎10-11-2012 04:25 AM

Re: Why Pay New Charges In Full Before Statement Closes?

Because practice makes perfect.

 

I had an unexpected app last week. Was great to know that all my ducks were in a row.

Follow my financial journey: http://www.frugalrican.com


EQ FICO (01/16/2012): 656 - EQ FICO (02/16/2012): 743 - EQ (02/24/2012): 760 - EX (04/28/2012): 739 - GOAL 2013: 800+

AMEX BCE (0/10K) --- BOA 1-2-3 (0/15.9K) --- Discover More (0/6K) --- Chase Freedom Visa (0/1.4K) -- Hyatt Visa Sign. (0/5.8K) -- Barclay's NFL Card (0/7.5K) -- Chase Sapphire Preferred (0/5K)

Message 31 of 32
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TeeandDee
Frequent Contributor
‎10-11-2012 05:36 AM
‎10-11-2012 05:36 AM

Re: Why Pay New Charges In Full Before Statement Closes?

I have done both...floated balances and have PIF.  The only difference I've seen personally in this is that my FICO scores dipped a little the higer the UTL; however, so far I have not seen it affect my ability to be approved for CLI's. I had balances on several of my accounts when I was approved for my newest credit card (Chase Amazon) and received my highest credit limit.   

Slowly building....
Message 32 of 32
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