I always PIF OR as close to PIF as I can my balance on my QS's on or before the due date, to reflect as little balance as possible by statement date -- but I am always confused as to what will report when. . Here's an example
Card 1: - $7.00 Balance / $600 CL (Credit balance, I overpaid)
Card 2: $230 / $1500 CL
My due date is the 4th of every month, statement cuts on the 7th (Today) and they report on the 10th of the month. SO, if I charge today and it is pending on card 2 for say $400, and posts to the account on Monday night processing, will that post on the reporting on 11/10?? Or do they report the statement cut balance from 11/7 ? I really hate playing this guessing game with the CR and all that, adds more stress to my life lol. I am trying to maximize my FICO becasue I have about $20,000 of new lines reporting in the next 30 days which will greatly help my UTIL, and lower it to about 10-15%!!!
So, any solid ideas as to what will report and how they report ? Is it statement balance or whatever the balance shows on the report date 2 days later?
