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Valued Contributor
discernment
Posts: 1,142
Registered: ‎09-01-2011

Re: paying balance on credit card every month

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‎08-08-2012 06:40 PM

sunlover99 wrote:

Yes... I use the card every day.

That's the problem!  You have to use a different card around the statement closing date. 


Husband's Current Score: EX 691 CUSC; EQ 694; TU 687; Mine: EX 773 (AMEX); EQ 720; TU 750
Wallet Contents: SECURED: Capital One Platinum Mastercard, US Bank Harley Davidson Visa, USAA Bank American Express;
UNSECURED: Chase Freedom; USAA Cash Rewards World Mastercard, Discover More, CUSC Platinum Rewards Visa, American Express Zinc, American Express Blue Cash Preferred, Amazon Card, Walmart Discover Card
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Regular Contributor
HenryJumbo
Posts: 127
Registered: ‎07-21-2012

Re: paying balance on credit card every month

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‎08-08-2012 07:51 PM

So my Freedom closed 7/15 and my Amex closed 7/27 so would a good rule of thumb be to calculate the statement closings dates around the 15 and 27 of each month give and take a day depending on month length?

Starting Score: EX: 736 FAKO | TU: 757 FICO | EQ 730 FICO
Current Score: EX: 736 FAKO | TU: 750 FICO | EQ 730 FICO
Goal Score:     EX: 750 FICO | TU: 750 FICO | EQ: 750 FICO
In my wallet:  $5,000  $2,400
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