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Run up 75% of limit and pay off before statement issued a good/bad idea?

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Anonymous
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Run up 75% of limit and pay off before statement issued a good/bad idea?

Would this affect anything major when doing any type of CR review? Thanks!

Message Edited by cgarson on 02-13-2008 05:07 PM
Message 1 of 4
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Anonymous
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Re: Run up 75% of limit and pay off before statement issued a good/bad idea?

probably not - and your CC would really like you....  so would your score ($0 balance and activity).
Message 2 of 4
Anonymous
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Re: Run up 75% of limit and pay off before statement issued a good/bad idea?

I think you'd be fine.  Just make sure you have that statement date correct!  Some of them "float" +/- a day or 2...
Message 3 of 4
Anonymous
Not applicable

Re: Run up 75% of limit and pay off before statement issued a good/bad idea?

It won't effect your credit score. When they report it will only show paid on time and $0 bal. Credit High limit will be recorded. It might get you a CLI though showing you might need more room to spend from the lender who issued you this card. If you are doing this to help credit, I think $1 a month might do the same thing.

The $$ amount after 1 reporting period is replaced and the manual review will only show $0 paid on time. Maxed out or $1 will show the same with the exception of high credit record. No advantage or disadvantage.

Message Edited by ilovepizza on 02-13-2008 06:09 PM
Message 4 of 4
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