04-11-2012 09:42 PM
04-11-2012 09:46 PM
If you are trying to boost your FICO score, start with paying all of your CC down to zero balances except for one card which you should let a small balance report, ideally less than 9% utilization. This is the best starting point to find your ideal FICO revolving utilization.
04-11-2012 09:47 PM
04-12-2012 01:57 AM
Yes and Yes.
You can do both and not pay any interest by making 2 payments. One before the statement drop date and one on or before the due date.
statement drop date 7th
statement due date 15th
Pay $90 say on the 5th and then pay $10 on the 13th for 1% util and no interest.
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