Credit Card Utilization

[Anonymous]

Do I need to keep the utilization percentage low during the entire billing cycle, or just around the day the billing cycle closes and is reported to agencies? Example: If I am using 75% of my CL but pay it down to 10% right before the billing cycle ends, will this still look bad to the credit card companies, or do I need to ALWAYSkeep the utilization low to qualify for CLI and other offers.

[Glkslngr]

It depends on when the bill cycle closes, as well as when the lender reports to the bureaus, which could be different than the day the bill cycle closes. I would find that out, and make sure to keep UTIL low before it reports.