@Subexistence wrote:
@NRB525 wrote:
@Subexistence wrote:I want to apply for BCE soon and I was worried that my current 1% utilization from $20 on my 2500 limit Discover might make me look unprofitable to amex. Would it be in my favor to raise utilization to 9%? I really hate spending so if it doesn't make a difference then I plan to keep it at 1%. Otherwise I have a plan to get my spend up to 9% charging a a card then getting a refund.
If you used the Discover card in a typical month, and did not pay the current month charges down before this current statement date (understanding that you pay in full the prior month statement balance to avoid triggering interest) what would your reported statement balance be for the Discover card?
your reported statement balance would just be whatever you charged that current month.
um, ok, yes, that is the textbook answer. 
Now, how much in actual US dollars, you know, what you ACTUALLY owe at the end of that month?
@NRB525 wrote:
@Subexistence wrote:
@NRB525 wrote:
@Subexistence wrote:I want to apply for BCE soon and I was worried that my current 1% utilization from $20 on my 2500 limit Discover might make me look unprofitable to amex. Would it be in my favor to raise utilization to 9%? I really hate spending so if it doesn't make a difference then I plan to keep it at 1%. Otherwise I have a plan to get my spend up to 9% charging a a card then getting a refund.
If you used the Discover card in a typical month, and did not pay the current month charges down before this current statement date (understanding that you pay in full the prior month statement balance to avoid triggering interest) what would your reported statement balance be for the Discover card?
your reported statement balance would just be whatever you charged that current month.
um, ok, yes, that is the textbook answer.
Now, how much in actual US dollars, you know, what you ACTUALLY owe at the end of that month?
$20?
I didn't buy anything last month.
Starting Score: Ex08-732,Eq08-713,Tu08-717