How PRG/Chargers Report

[driftless]

Does the Pay Over Time feature report the amount that I would use or the credit limit that Amex has given me?

[Anonymous]

So do cards like the American Express Gold not help build good credit at all?

[driftless]

Some cards require you to have good credit prior to applying and are not intend to help build good credit. Not meant as a dig.

[Anonymous]

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@Anonymous wrote:

So do cards like the American Express Gold not help build good credit at all?

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Yes it helps you to build good credit.  It still reports on time payments which is the biggest factor in your credit score

[driftless]

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@Anonymous wrote:

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@Anonymous wrote:

So do cards like the American Express Gold not help build good credit at all?

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Yes it helps you to build good credit.  It still reports on time payments which is the biggest factor in your credit score

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Of course that helps build good credit. I took DaisyFly's question to be focused on CL's reporting.

[Anonymous]

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@driftless wrote:

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@Anonymous wrote:

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@Anonymous wrote:

So do cards like the American Express Gold not help build good credit at all?

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Yes it helps you to build good credit.  It still reports on time payments which is the biggest factor in your credit score

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Of course that helps build good credit. I took DaisyFly's question to be focused on CL's reporting.

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I was asking if because they do not report a credit limit, does that mean there is no score/report benefit to having them at all.  Irish answered my question.  Thank you!

[driftless]

Got it, glad that Irish answered your question.

My question is a little different, allow me to rephrase it:  Does the Pay Over Time feature report, and if it does, how; or is it like a hidden trade line?

[UncleB]

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@driftless wrote:

Got it, glad that Irish answered your question.

My question is a little different, allow me to rephrase it:  Does the Pay Over Time feature report, and if it does, how; or is it like a hidden trade line?

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I've actually wondered about this myself... I have 'Pay Over Time' on my account although I don't plan to ever use it. 

For the folks who have used it, I would be very interested to hear how it ended up reporting.