New Member
dr_stan3
Posts: 3
Registered: ‎10-20-2012
Do the number of on-time payments matter?

I was wondering if the number of on-time payments matter when calculating credit score. I understand that the percentage of on-time payments matters a lot, but does the quantity matter as well? For example, do three on-time payments out of three statement balances impact a credit score just as much as 500/500?

 

If quantity does matter, then I would like to know whether it counts as an on-time payment when I pay off a card before a statement balance, and it reports as $0. Even though the statement balance is $0, does that add onto my on-time payments or is it only statements with positive balances that get added to total on-time payments?