impact of advanced payments?

[Anonymous]

May an advanced bill payment (ex. rent) affect positively your FICO score? If yes, how?

[PayYouNever]

prepaying doesn't do anything, except lower your UTL (if you're prepaying revolving debt) -- with your UTL lower your score will rise... slowly though

[Anonymous]

Yup yup. Paying in advance on rent, utilities, cel phone bills, etc won't help you in any way as they are in no way connected with credit scoring. cc's are another matter, like the other OP said.

[Anonymous]

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PayYouNever wrote:
prepaying doesn't do anything, except lower your UTL (if you're prepaying revolving debt) -- with your UTL lower your score will rise... slowly though

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Also keep in mind that a credit balance on a CC will report as $0, not a negative number.

So prepaying or paying an amount greater than the balance will only help your util to the same extent as PIF.