topic Re: amex payment and scoring question% in Credit Cards

amex payment and scoring question%

zerbherb — Sun, 13 Sep 2015 02:51:43 GMT

i'm using zero apr to my advantage. Is paying off 200 $ a monthe enough to keep them happy. I'll have this thing paid of by february.

Re: amex payment and scoring question%

myjourney — Sun, 13 Sep 2015 02:59:47 GMT

Should be fine in paying it off in 5 months

Re: amex payment and scoring question%

Open123 — Sun, 13 Sep 2015 03:02:45 GMT

@myjourney wrote:
Should be fine in paying it off in 5 months

Sure, even less, they'll be fine with, really. All things equal, with Amex, just try to pay at least 2 - 3X the minimum.

Re: amex payment and scoring question%

takeshi74 — Sun, 13 Sep 2015 03:22:06 GMT

@zerbherb wrote:
i'm using zero apr to my advantage. Is paying off 200 $ a monthe enough to keep them happy. I'll have this thing paid of by february.

It's not so much the $X payment but your utilization as well as your entire credit profile.

Re: amex payment and scoring question%

Anonymous — Sun, 13 Sep 2015 04:14:30 GMT

From my observation, it seems that AMEX has loosened its restrictions a lot. Just pay what you are able to pay and ask for a CLI 2 or 3 months in.

Re: amex payment and scoring question%

zerbherb — Fri, 18 Sep 2015 05:31:57 GMT

LOL amex isn't pleased im spending a average of 300 a month on discover. but only paying down 200 a month of the 700 $ left on the amex. First world problems. my scores will bump up quickly transunion 686 equifax 676

Re: amex payment and scoring question%

CreditCuriosity — Fri, 18 Sep 2015 12:49:39 GMT

@zerbherb wrote:
LOL amex isn't pleased im spending a average of 300 a month on discover. but only paying down 200 a month of the 700 $ left on the amex. First world problems. my scores will bump up quickly transunion 686 equifax 676

assume this is just speculation on your part? Of course they would prefer usuage on their cards, but 200 a month on 700 owed is a decent amt. towards principle I doubt they are very worried at such a small amount owed and decent payments towards what is owed.

Re: amex payment and scoring question%

zerbherb — Sun, 18 Oct 2015 05:00:39 GMT

lol guys transunion is back to 708 im on the way back up.