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Old Post about why NOT to pay off early

Frequent Contributor

Old Post about why NOT to pay off early

https://thepointsguy.com/2016/11/debunking-credit-card-myths-does-paying-before-due-date-help-score/

4/25/11 FICO: EQ 761....EX 770.....TU 744
3/6/2011 FICO: EQ 710... EX 718... TU 710
09/09 FICO: EQ: 525
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Frequent Contributor

Re: Old Post about why NOT to pay off early

Be sure and redad the comments, too, for the best strategy.

4/25/11 FICO: EQ 761....EX 770.....TU 744
3/6/2011 FICO: EQ 710... EX 718... TU 710
09/09 FICO: EQ: 525
Message 2 of 4
Valued Contributor

Re: Old Post about why NOT to pay off early

This is a great LOL for the folks here.

Ch 7 Discharge May 2015
Discover/Target/NFCU CLOC/NFCU Cash Rewards/PenFed Power Cash Rewards/PenFed Pathfinder AMEX - $60k total revolving
Message 3 of 4
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Valued Contributor

Re: Old Post about why NOT to pay off early


SteelerNYC wrote:

This is a great LOL for the folks here.


The points guy doesn't know as much as  the people on here.  Your statement balance doesn't show up on your credit reports if you pay before cycle ends.  He over exagerattes how much points are worth from certain credit card companies as that is how he makes money.  I wouldn't take him to seriously. 

BOA Premium Rewards, AMEX BCE, AMEX PRG, AMEX Ameriprise Platinum, AMEX SPG, CITI AADvantage Platinum, CITI AADVantage Business, Chase Hyatt, Chase Southwest Premier, Chase Southwest Plus, Chase Marriott Business, Barclay Arrival +, Barclay AAdvantage Red Aviator, Barclay Aviator Business, USAA Prefered Cash Rewards, Citi Thank You Premier, JCrew, Pottery Barn, Express, NFCU Go Rewards.

Former Cards: Lendup L Card, Bank of America Cash Rewards, Capital One Quicksilver
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