CSP- let balance report?

Discuss the Visa & MasterCard payment networks as well as cards that operate through them.
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nismoZtuner
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Postby nismoZtuner » Fri Apr 11, 2014 7:12 pm

djrez4 wrote:Paying before vs after the statement cuts is irrelevant when calculating interest. As long as you pay in full by the payment date, no interest accrues.

You asked about a balance reporting, not interest. Reporting a balance makes no difference unless you need the extra points on your score.


I see, I`ll pay it off..


Thanks everyone!
TU 752 (+4) - [5/9/2014] CK 726 - [11/24/14] EX 725 - [11/20/14] EQ 710
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takeshi
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Postby takeshi » Mon Apr 14, 2014 8:38 am

nismoZtuner wrote:Will it help my credit in any way if I let it report and then pay it off once it gets reported?

Do the math. Assuming no other charges 3500/5800 = 66%.

Either way your score will adjust the following month since utilization doesn't carry over month to month.

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nismoZtuner
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Posts: 1105
Joined: Thu Jun 27, 2013 12:39 pm
Location: EARTH -CA

Postby nismoZtuner » Mon Apr 14, 2014 2:10 pm

takeshi wrote:Do the math. Assuming no other charges 3500/5800 = 66%.

Either way your score will adjust the following month since utilization doesn't carry over month to month.


yeah, im still going to pay it off its around 4800 now..

Guaranteed CSP Bonus though...
TU 752 (+4) - [5/9/2014] CK 726 - [11/24/14] EX 725 - [11/20/14] EQ 710

BankofAmerica Cash Rewards [2k] I American Express Blue Cash Everyday [3K] l Discover IT[2.5]

American Express Premier Rewards Gold [NPSL] I Marriott Rewards Premier [5k]

Chase Sapphire Preferred[7.3]

Inquires: TU(?) EX(?) EQ(?)

TCL-$19,800

Age-22



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