Rebuild help and advice.

[Anonymous]

Backwoods by "cuts off" does that mean statement cut date?

[medicgrrl]

Your due date still matters on the card that reports a balance to the CRA. If my statement date is July 1 and my due date is July 25th for example and I have a "current balance" of $300 then I'm going to pay, for example, $250 by July 1. Now my statement is going to cut on July 1 with a $50 balance. Because I have a balance on my statement, I'm going to have a minimum payment due by July 25th. Now I'll pay the remaining $50 by the 25th in order to 1) not be late and 2) not pay interest. During the time between statement date and payment date I've been using the card again. I can either pay that amount with the $50 or just wait until just before the statement date (in case I have more charges). I typically pay my bill twice a month. Once you get the hang of this, it's really a lot easier than it sounds.

[Anonymous]

Thank you medicgrrl! It's a lot clearer to me now. Called DiscoIt and Plat1 to get both my statement dates and due dates.

UPDATE: 6/18-6/20 My CK scores took a small hit due to the new Disco account opening as well as the Cap1 account.
My AAOA went from 6 years to 3 years and a couple months.
No HP showing up from Discover. Only Cap1 is showing a HP.
6/29- My CK scores have rebounded and are now even 628.
I still have a few more days until my next real check comes in. Wondering Ifgot lucky with a SP from Discover?

I need to do the 7 day trial from CCT.

[rmduhon]

Discover could have pulled EX in which Cade CK wouldn't show it.

[Anonymous]

To keep my utilization lower I have one statement that come out on the 1st of the month and I have xxx days to pay.  I have another one that the statement comes out on the 15th of the month with payment due xx date. This way by watching what I charge to I can usually stay at 1% utilz. 

[stinastina]

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@Anonymous wrote:

Thank you medicgrrl! It's a lot clearer to me now. Called DiscoIt and Plat1 to get both my statement dates and due dates.

UPDATE: 6/18-6/20 My CK scores took a small hit due to the new Disco account opening as well as the Cap1 account.
My AAOA went from 6 years to 3 years and a couple months.
No HP showing up from Discover. Only Cap1 is showing a HP.
6/29- My CK scores have rebounded and are now even 628.
I still have a few more days until my next real check comes in. Wondering Ifgot lucky with a SP from Discover?

I need to do the 7 day trial from CCT.

---

CCT is well worth it. CK only gives you your Vantage scores and those are not used by major credit companies. I know that the gas company may pull it. Once you do the 7 day trial, call to cancel and tell them if the $29 is too expensive. They may counter at $14.99 per month and that's a bargain !

[Anonymous]

Hello all! I'd like to say thank you first and foremost to Cindy (moderator) for reopening the thread. I could not for the life of me remember the email I used when I signed up.

Also, medicgrrl ,backwoods, rmduhon THANK YOU for all the advice and help, there is another member that I also wanted to thank, just can't see their screenname atm.

So, here I am year later. I went ahead and increased my CL on the DiacoverIt card to $1,000 much easier to manage util%

with the higher balance. I see it as a small non interest bearing savings account being that I'll recieve the deposit back when/if my card graduates. 

My Cap1 PlatMC now has a CL of $2,600. Not to shabby coming from a SL of $500. I recieved a CI of $100 thru the credit steps program in Nov. '17. In Dec. '17  I took a chance at the love button and recieved a CI of $500. June '18 Hit the love button again and recieved a CI $1,500! 

I have been gardening since I opened these to CCs in June of last year. I wanted to open 1 more card as advised previously so I could do the 3 card Monty AZEO method. I just didn't know who to go with whenever it crossed my mind to consider opening another card. Well, I now know what type of card I am after. Definitely cash back rewards, No AF, for gas,groceries and utilities possibly. 

I run nearly 3,200 a month total on both cards during the billing cycle. Always PIF or make multiple payments before statement cut date.. iirc correctly I have only gone over 10% util once and that was 16%.

I have just had two baddies fall off in June as well.