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Old Post about why NOT to pay off early

Frequent Contributor

Old Post about why NOT to pay off early

https://thepointsguy.com/2016/11/debunking-credit-card-myths-does-paying-before-due-date-help-score/

4/25/11 FICO: EQ 761....EX 770.....TU 744
3/6/2011 FICO: EQ 710... EX 718... TU 710
09/09 FICO: EQ: 525
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Frequent Contributor

Re: Old Post about why NOT to pay off early

Be sure and redad the comments, too, for the best strategy.

4/25/11 FICO: EQ 761....EX 770.....TU 744
3/6/2011 FICO: EQ 710... EX 718... TU 710
09/09 FICO: EQ: 525
Message 2 of 4
Established Contributor

Re: Old Post about why NOT to pay off early

This is a great LOL for the folks here.

Ch 7 Discharge May 2015: EQ 588/TU 552/EX 570
Nov 2017: EQ 683/TU 660/EX 668 w/ 24% CC util reporting
Discover/Target/NFCU CLOC/NFCU Cash Rewards/PenFed Power Cash Rewards - $46k total revolving
Message 3 of 4
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Valued Contributor

Re: Old Post about why NOT to pay off early


SteelerNYC wrote:

This is a great LOL for the folks here.


The points guy doesn't know as much as  the people on here.  Your statement balance doesn't show up on your credit reports if you pay before cycle ends.  He over exagerattes how much points are worth from certain credit card companies as that is how he makes money.  I wouldn't take him to seriously. 

BOA Cash Rewards, AMEX BCE, AMEX PRG, AMEX Ameriprise Platinum, AMEX SPG, CITI AADvantage Platinum, Chase Hyatt, Chase Southwest Premier, Chase Southwest Plus, Barclay Arrival +, Barclay AAdvantage Red Aviator, USAA Prefered Cash Rewards , Cap One Quicksilver, Lendup L card, JCrew, Pottery Barn, Express, NFCU Go Rewards.
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