Valued Contributor
Posts: 2,280
Registered: ‎07-23-2012
Re: Could a person who just charges a few dollars a year once or twice a year get a 800+ FICO score?

+ 3

as both posters said it depends when they pay. 

 

you state both people pay before the due date? 

but do they pay before the statement date? 

 

if person 1 charged 1$ with a 5k limit. and paid before due date it would report 1 dollar. 

if person 2 charged anything more then 4 dollars on a 20k limit and paid in full before due date, essentially would win that utilization game. 

 

credit reports do not take into account spending habits. 

correct me if im wrong?

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