Utilization Maximization

[dabearsv2]

Statement Cut dates are as follows:

2nd

5th

12th

19th

25th

If I allow my march 19th TL to report 1-9%, and all others in March reported $0/PIF prior to statement cut, what happens if I report a small balance on April 2nd (and no others for April)?

I'm worried that allowing 2 TLs to report within 2 weeks (March 19th & April 2nd) will not maximize my score. I want to make sure it's calndar month, not any 30-day period...

[TheGardner]

It's constantly updating (fico score). You will see a small dip in your score while they are both reporting (approximately from the 5th to the 22nd) .

On the other side if you pay off the next month on the card that cuts on the 2nd you will have a week or 2 with all accounts showing 0 balance which will also ding you..

I would not be overly concerned unless you are applying for something this month. Don't take it too seriously it will drive you crazy!

[dabearsv2]

That's annoying.

I am gardening at the moment and don't plan to app for 3-6 months, so I guess it doesn't really matter.

I suppose if I just let the same CC report every month, I won't have any issue.

[TheGardner]

Correct, and switch cards when gardening and you won't have a problem. You won't get any AA from 2 low balances showing.