topic Do Scheduling Future Payments That Total Over Your Entire CL Look Bad...? in Credit Cards

Do Scheduling Future Payments That Total Over Your Entire CL Look Bad...?

Andy77 — Sat, 22 Sep 2012 21:15:04 GMT

I use my barclays card all the time and did not want to worry about making my weekly payments so I just scheduled them

MY CL is 3500

My Bal is about 2700

I wanted to schedule payments so I would not need to worry about it, but the total amount of all the payments added up is 5400 (over my CL)

900 payment on 9/27

900 payment on 10/4

900 payment on 10/11

900 payment on 10/25

900 payment on 11/3

900 payment on 11/8

Does this look bad to the bank or actually good because it shows I have the cash to pay the card and then some?

Does scheduling help when the credit department decides to approve or decline a CLI via the backroor number?

Re: Do Scheduling Future Payments That Total Over Your Entire CL Look Bad...?

webhopper — Sat, 22 Sep 2012 21:17:57 GMT

I personally would not schedule that many payments; but in my opinion its not a bad thing

Re: Do Scheduling Future Payments That Total Over Your Entire CL Look Bad...?

LS2982 — Sun, 23 Sep 2012 02:05:56 GMT

@webhopper wrote:
I personally would not schedule that many payments; but in my opinion its not a bad thing

I agree I would not either.

Re: Do Scheduling Future Payments That Total Over Your Entire CL Look Bad...?

Watchmann — Sun, 23 Sep 2012 03:36:35 GMT

It doesn't make any difference to the bank, the future scheduled payments aren't being taken into account by anyone as to your creditworthiness. I've scheduled payments up to a year in advance, all they care about is getting at least the minimum payment each period.