Rebuilding Your Credit

[texasoklahoma]

I only have one cc. Do I need to let it report a very small balance each month or use it, go home and make payment and it report no balance?
Which way is the best to help my scores?

[sidewinder]

You want total util to be between 1-9%. Find out when your card issuer reports and pay the balance down before that date.

[texasoklahoma]

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sidewinder wrote:

You want total util to be between 1-9%. Find out when your card issuer reports and pay the balance down before that date.

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I just got the cc in June and havent used it yet. I have paid the annual fee already. I didnt need the cc except for the mix of credit. I guess I'll use it to grab a burger for lunch once a month so they'll be a small balance reporting monthly and that will keep my util very low. Am I on the right track? Thanks!