APR vs Double Payments?

[Anonymous]

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@JagerBombs89 wrote:

@ creditwherecreditisdue

So what you are saying is that if my credit card statement balance shows $400... and charge $900 through the month...and made a payment of $1000 I would not be charged finance charge ( because $400 was paid ) and my next statement I would only have to make at least $300 to not get charged interest again?

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Exactly!

Avoiding finance charges is a great start. Good for the wallet! Getting the account to report zero balance (PIF) is even better. Good for the wallet and good for FICO!!

[JagerBombs89]

Haha thanks guys!  I am one of those guys who hates being in debt so I try to pay everything off when it comes in lol... But I will have to check out those 2 links.  

Right now I got the following scores with being 20yrs old and less than 2 year credit history:

TU: 693 09/13/09
EQ: 652 09/13/09
EX: 718 09/13/09 (FAKO)

Working on getting my score up, but I close on a house in exactly 1 week so im not sure how that will turn out!