New Member
Posts: 2
Registered: ‎03-06-2014

credit card report date

hi everyone! i start working on my credit to be able to buy a house next year! :smileyhappy:

i have 3 credit cards below 15% cause those credit cards are from my dad so i dont deal with that. 

Now...i have a capital one for $500 credit. I haved maxed out for the last year so the plan is to use it in full every month and make full payment every month as well to reach a better credit limit...but the Q is, if my due date is the 14, when the credit card report to de boreau? I want to pay in full and leave like $50 open to be paid on the regular due im planing to pay the $450 on the 7th ... i dont know if is work like that and when i can use again the credit card....


thanks in advance!

Starting Score: 485
Current Score: 618
Goal Score: 700

Take the myFICO Fitness Challenge
Community Leader
Valued Contributor
Posts: 11,287
Registered: ‎12-13-2013

Re: credit card report date

Your balance on statement day is what gets reported to the CRA, you would need to payoff the previous months statement balance by the due date to avoid interest and be sure to pay most of the new charges as well if you want $50 to report.

EX Cred Ses 01/15: 765 ; EX Fico 04 V2 06/14: 775; EX Fico 08 BC 01/15: 839
EQ Beacon 5.0 12/14 757
TU Fico 8 01/15: 805

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+