All cards paid off!

[Anonymous]

due date is usually before statement

[Anonymous]

JonE i understand. hence why i said "wait until you're comfortable"

[SouthJamaica]

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@Anonymous wrote:

Hello guys, The boss through an unexpected and rare bonus my way yesterday. 

Not car pay off type,but enough to pay off all my cards. 

I left no cards reporting a balance. Is this wise? I know the 9% rule of thumb.

But damn it felt good. Should I charge a $100 and let it report or just sit back

and let it ride.  Thanks

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No reason to let a balance report unless it's important to get your score up, in which case you should let a nominal balance report on one of the cards.

[elim]

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@Anonymous wrote:

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@Anonymous wrote:
wouldn't say "won't hurt a thing" as it's quite proven that reporting a small balance helps score vs reporting $0 but what do i know

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Paying interest is a bad thing, but keeping a balance that charges interest is good?  Exactly why I don't play by the "rules."  Plus if your issue is paying off balances in the first place, why would you then be encouraged to keep a balance? 

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  I report balances every month and don't pay interest.  statement cuts, balance reports, pay bill in full, no interest.

  I haven't micromanaged my CC's in about a year... easy peazy

[Anonymous]

^ thank you

[Anonymous]

I will not be able to help myself. Once the CC and student loan debt is paid off this Sept., I will let it all report at zero for a month (while watching my FICO results).  If nothing else other than just to say "I did it" for the first time in my credit having life.  After that I will have enough control over my debt to make it report just about whatever I want as a percentage of limit.  <$500, $500, 9%, 10%, 15%...  I might try them all just to see the results on my FICO.

[Anonymous]

Sooo do I pay off this toaster or not? JK. 

Im happy. I will run some gas through discover this month 

before the category flips

[Anonymous]

idk float that toaster for a year!

[Anonymous]

then BT it to another card.

[elim]

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@Anonymous wrote:
then BT it to another card.

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  lmao