https://ficoforums.myfico.com/t5/Credit-Cards/Cap-One-Question/m-p/61299#M6862 <DIV></DIV> <DIV><BR /> <BLOCKQUOTE> <DIV> <HR /> </DIV> <DIV>credit4me wrote:<BR /></DIV> <DIV>So, does that me utilization will still be high even if PIF? I'm not understanting this...</DIV> <DIV><BR /></DIV> <DIV> <HR /> </DIV> <DIV>&nbsp;</DIV> <DIV>No what that means is the maxium amount ever showing on your balance on the card will be substituted for your limit where FICO is concerned.&nbsp; SO if you charge 250.00 max&nbsp;in one month and paid it off, FICO will read your limit on the card as 250 even if the limit is 10K.&nbsp; </DIV> <DIV>&nbsp;</DIV> <DIV>If you charge the same 250.00 in 50.00 increments and paid off as soon as the 50s hit your account, FICO would think you only had a 50.00 limiton the card.</DIV> <DIV><BR /></DIV></BLOCKQUOTE> <DIV></DIV></DIV> Thu, 06 Sep 2007 13:44:59 GMT Anonymous 2007-09-06T13:44:59Z https://ficoforums.myfico.com/t5/Credit-Cards/Cap-One-Question/m-p/61270#M6848 <DIV>Ok, I'm playing the Cap1 game. So, I need your help on gettting it done. I received the cap1 card with a 2500 CL. Since they don't report the limit I used it to pay for my Aruba vacation which was 2300.&nbsp; Now do I PIF before the bill comes or can I wait to recveive the bill then PIF? So, it shows the high balance?</DIV> Thu, 06 Sep 2007 12:34:28 GMT https://ficoforums.myfico.com/t5/Credit-Cards/Cap-One-Question/m-p/61270#M6848 Anonymous 2007-09-06T12:34:28Z https://ficoforums.myfico.com/t5/Credit-Cards/Cap-One-Question/m-p/61274#M6849 <DIV>If I were you, I would also go buy over $100.00 or so worth of groceries today or tomorrow, then go online and see your balance at @ $2,400 and change and then PAY IN FULL immediately and that amount will show as your "available limit" of credit.&nbsp; Bottom line, pay now!</DIV> Thu, 06 Sep 2007 12:42:29 GMT https://ficoforums.myfico.com/t5/Credit-Cards/Cap-One-Question/m-p/61274#M6849 VLGaffEsq 2007-09-06T12:42:29Z https://ficoforums.myfico.com/t5/Credit-Cards/Cap-One-Question/m-p/61275#M6850 <DIV>Thanks!</DIV> Thu, 06 Sep 2007 12:45:47 GMT https://ficoforums.myfico.com/t5/Credit-Cards/Cap-One-Question/m-p/61275#M6850 Anonymous 2007-09-06T12:45:47Z https://ficoforums.myfico.com/t5/Credit-Cards/Cap-One-Question/m-p/61286#M6856 They report "high Balance"<BR />Does not matter when or how Thu, 06 Sep 2007 13:15:58 GMT https://ficoforums.myfico.com/t5/Credit-Cards/Cap-One-Question/m-p/61286#M6856 Anonymous 2007-09-06T13:15:58Z https://ficoforums.myfico.com/t5/Credit-Cards/Cap-One-Question/m-p/61292#M6861 <DIV>So, does that me utilization will still be high even if PIF? I'm not understanting this...</DIV> Thu, 06 Sep 2007 13:31:51 GMT https://ficoforums.myfico.com/t5/Credit-Cards/Cap-One-Question/m-p/61292#M6861 Anonymous 2007-09-06T13:31:51Z https://ficoforums.myfico.com/t5/Credit-Cards/Cap-One-Question/m-p/61299#M6862 <DIV></DIV> <DIV><BR /> <BLOCKQUOTE> <DIV> <HR /> </DIV> <DIV>credit4me wrote:<BR /></DIV> <DIV>So, does that me utilization will still be high even if PIF? I'm not understanting this...</DIV> <DIV><BR /></DIV> <DIV> <HR /> </DIV> <DIV>&nbsp;</DIV> <DIV>No what that means is the maxium amount ever showing on your balance on the card will be substituted for your limit where FICO is concerned.&nbsp; SO if you charge 250.00 max&nbsp;in one month and paid it off, FICO will read your limit on the card as 250 even if the limit is 10K.&nbsp; </DIV> <DIV>&nbsp;</DIV> <DIV>If you charge the same 250.00 in 50.00 increments and paid off as soon as the 50s hit your account, FICO would think you only had a 50.00 limiton the card.</DIV> <DIV><BR /></DIV></BLOCKQUOTE> <DIV></DIV></DIV> Thu, 06 Sep 2007 13:44:59 GMT https://ficoforums.myfico.com/t5/Credit-Cards/Cap-One-Question/m-p/61299#M6862 Anonymous 2007-09-06T13:44:59Z https://ficoforums.myfico.com/t5/Credit-Cards/Cap-One-Question/m-p/61338#M6875 <DIV>Thanks! One more thing will the highest balance be replaced by any new balance each time it's reported? Hope that's not a dumb question...</DIV> Thu, 06 Sep 2007 15:49:18 GMT https://ficoforums.myfico.com/t5/Credit-Cards/Cap-One-Question/m-p/61338#M6875 Anonymous 2007-09-06T15:49:18Z https://ficoforums.myfico.com/t5/Credit-Cards/Cap-One-Question/m-p/61348#M6877 <DIV></DIV> <DIV><BR /> <BLOCKQUOTE> <DIV> <HR /> credit4me wrote:<BR /> <DIV>Thanks! One more thing will the highest balance be replaced by any new balance each time it's reported? Hope that's not a dumb question...</DIV><BR /> <HR /> </DIV> <DIV>&nbsp;</DIV> <DIV>Not a dumb question if you don't know the answer.&nbsp; The high balance will only be updated when you exceed the preivous high balance</DIV></BLOCKQUOTE><BR /> <DIV></DIV></DIV> Thu, 06 Sep 2007 15:58:05 GMT https://ficoforums.myfico.com/t5/Credit-Cards/Cap-One-Question/m-p/61348#M6877 Anonymous 2007-09-06T15:58:05Z https://ficoforums.myfico.com/t5/Credit-Cards/Cap-One-Question/m-p/61397#M6882 <DIV>Thanks!!</DIV> Thu, 06 Sep 2007 17:11:18 GMT https://ficoforums.myfico.com/t5/Credit-Cards/Cap-One-Question/m-p/61397#M6882 Anonymous 2007-09-06T17:11:18Z