Question

[Anonymous]

Suppose I got all new credit cards I was approved, I want to ask, should I play with some cards, charge few bucks and then pay it in full BEFORE due date (That when statement will be generated) and that way my ratio would be lower and debt % too? or just pay the mininium?

Right now, overall my ratio is 16%, they havent added other cards on my credit. I have as follows:

Captial One: $200 - $186 Balance
Walmart: $1000 - $0 Balance
Target: $500 - $168 Balance

Amazon: $600 - $160 Balance
Fingerhut: $1000 - $175 Balance

Credit One Bank: $300 - $0 Balance
Bread Financing: $2500 - $1980 Balance
Affirm: $435 - $435 Balance

Let me know how much I should pay, entirelly or half or? Any suggestion is appreicated!

[AverageJoesCredit]

Pay them all down to zero , leave one with a small balance. No need to have many reporting balances. Once your statement generates, just pif. Im still confounded on what Bread financing is? Maybe i missed it somewhere.

[Anonymous]

Bread Financing is not a credit line, just a finanicng, I pay $100 a month for 24 months but I plan to pay off sooner, mabe 12 months.