I can see where you're going with this, and it does makes sense. Someday I hope I can let maybe 2 cards report a small balance, still with obviously 1% reporting. It might be awhile for me, because since my BK, I got myself in the habit of PIF everything, because I don't want to get in the habit of getting lax and then saying...oh, I could carry a balance for a few month just this once though...no, no, no..I have to stay on track and stick to my guns....no exceptions. LOL..
But...Im curious to see what happens with you
pizza1 wrote:
I can where you're going with this, and it does makes sense. Someday I hope I can let maybe 2 cards report a small balance, still with obviously 1% reporting. It might be awhile for me, because since my BK, I got myself in the habit of PIF everything, because I don't want to get in the habit of getting lax and then saying...oh, I could carry a balance for a few month just this once though...no, no, no..I have to stay on track and stick to my guns....no exceptions. LOL..
But...Im curious to see what happens with you
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PIF before the statement date or PIF after the statement date is the same thing, you just are reducing utilization that's all.
Let a statement balance report, in your case 5 - 9% is $12,360 - $22,248 and our score won't get hit that much. PIF before due date.
if you are not looking for credit then there is no need to micromanage your score, util has no memory.
@redpat wrote:@pizza1 wrote:
I can where you're going with this, and it does makes sense. Someday I hope I can let maybe 2 cards report a small balance, still with obviously 1% reporting. It might be awhile for me, because since my BK, I got myself in the habit of PIF everything, because I don't want to get in the habit of getting lax and then saying...oh, I could carry a balance for a few month just this once though...no, no, no..I have to stay on track and stick to my guns....no exceptions. LOL..
But...Im curious to see what happens with you.
PIF before the statement date or PIF after the statement date same thing, you just are reducing utilization that's all.
Let a statement balance report, in your case 5 - 9% is $12,360 - $22,248 and our score won't get hit that much. PIF before due date.
if you are not looking for credit then there is no need to micromanage your score, util has no memory.
true..but my creditors softing my reports do have memory, and I dont want them seeing anything that will spook them at any given time. What works for me, doenst necessarily work for someone else, and Im use to micromanaging...keeps me in the garden
@pizza1 wrote:
@redpat wrote:@pizza1 wrote:
I can where you're going with this, and it does makes sense. Someday I hope I can let maybe 2 cards report a small balance, still with obviously 1% reporting. It might be awhile for me, because since my BK, I got myself in the habit of PIF everything, because I don't want to get in the habit of getting lax and then saying...oh, I could carry a balance for a few month just this once though...no, no, no..I have to stay on track and stick to my guns....no exceptions. LOL..
But...Im curious to see what happens with you.
PIF before the statement date or PIF after the statement date same thing, you just are reducing utilization that's all.
Let a statement balance report, in your case 5 - 9% is $12,360 - $22,248 and our score won't get hit that much. PIF before due date.
if you are not looking for credit then there is no need to micromanage your score, util has no memory.
true..but my creditors softing my reports do have memory, and I dont want them seeing anything that will spook them at any given time. What works for me, doenst necessarily work for someone else, and Im use to micromanaging...keeps me in the garden
_________________________________________________________________[_____________________________________________________________
It is better to show a high balance on a report, shows ability to use credit. Continuing to report 1% isn't always good. Don't be afraid to use your credit if you pif anyway.
JMO, but I think it shows a better pattern.
@redpat wrote:
@pizza1 wrote:
@redpat wrote:@pizza1 wrote:
I can where you're going with this, and it does makes sense. Someday I hope I can let maybe 2 cards report a small balance, still with obviously 1% reporting. It might be awhile for me, because since my BK, I got myself in the habit of PIF everything, because I don't want to get in the habit of getting lax and then saying...oh, I could carry a balance for a few month just this once though...no, no, no..I have to stay on track and stick to my guns....no exceptions. LOL..
But...Im curious to see what happens with you.
PIF before the statement date or PIF after the statement date same thing, you just are reducing utilization that's all.
Let a statement balance report, in your case 5 - 9% is $12,360 - $22,248 and our score won't get hit that much. PIF before due date.
if you are not looking for credit then there is no need to micromanage your score, util has no memory.
true..but my creditors softing my reports do have memory, and I dont want them seeing anything that will spook them at any given time. What works for me, doenst necessarily work for someone else, and Im use to micromanaging...keeps me in the garden
_________________________________________________________________[_____________________________________________________________
It is better to show a high balance on a report, shows ability to use credit. Continuing to report 1% isn't always good. Don't be afraid to use your credit if you pif anyway.
JMO, but I think it shows a better pattern.
I certainly wasnt afraid to show high balances on ALL of my cards, and carry high balances for months pre BK...things are different now. I rotate which card I want to report that month. I have ONE card report a high balance but still only 1% every month...
...anyway, let not get off topic here...this isnt my thread, and be respectful to the OP..
@pizza1 wrote:
@redpat wrote:
@pizza1 wrote:
@redpat wrote:@pizza1 wrote:
I can where you're going with this, and it does makes sense. Someday I hope I can let maybe 2 cards report a small balance, still with obviously 1% reporting. It might be awhile for me, because since my BK, I got myself in the habit of PIF everything, because I don't want to get in the habit of getting lax and then saying...oh, I could carry a balance for a few month just this once though...no, no, no..I have to stay on track and stick to my guns....no exceptions. LOL..
But...Im curious to see what happens with you.
PIF before the statement date or PIF after the statement date same thing, you just are reducing utilization that's all.
Let a statement balance report, in your case 5 - 9% is $12,360 - $22,248 and our score won't get hit that much. PIF before due date.
if you are not looking for credit then there is no need to micromanage your score, util has no memory.
true..but my creditors softing my reports do have memory, and I dont want them seeing anything that will spook them at any given time. What works for me, doenst necessarily work for someone else, and Im use to micromanaging...keeps me in the garden
_________________________________________________________________[_____________________________________________________________
It is better to show a high balance on a report, shows ability to use credit. Continuing to report 1% isn't always good. Don't be afraid to use your credit if you pif anyway.
JMO, but I think it shows a better pattern.
I certainly wasnt afraid to show high balances on ALL of my cards, and carry high balances for months pre BK...things are different now. I rotate which card I want to report that month. I have ONE card report a high balance but still only 1% every month...
That's a different story.
There is good info for OP anyway.
@pizza1 wrote:I can see where you're going with this, and it does makes sense. Someday I hope I can let maybe 2 cards report a small balance, still with obviously 1% reporting. It might be awhile for me, because since my BK, I got myself in the habit of PIF everything, because I don't want to get in the habit of getting lax and then saying...oh, I could carry a balance for a few month just this once though...no, no, no..I have to stay on track and stick to my guns....no exceptions. LOL..
But...Im curious to see what happens with you
Wow, a real risk taker 
I have 19 of 21 cards reporting balances. Most are PIF by the payment due date, nearly all are on autopayment.
@masscredit wrote:I usually pay most of my cards in full before the statements close and just let one card report a balance each month. I try to keep the one card that reports at about $795.00. I can't say that it's a lot of work but I do have to pay attention to the cards that I use so don't use them to close to the closing dates. Just becomes a normal way of life. This month I'm letting most of my cards report a balance to see what that does to my scores. I think that might be a benefit in the long run. This way the accounts aren't always showing a closing balance of $0.00. Even though my normal routine isn't much work, I find it more relaxing to just let things post. I don't know if I'll continue this for more than a month but I'll probably do it once in awhile.
Kudos for trying something new. It will be interesting to see how your scores react.