Credit Advice

Paid or not the balance and new account still show up on your credit reports, and this change, is considered negative, becasue it lowers your amount of available credit... give it time, your scores will rebound in the next few months... paying early is fine, up to a week before the due date,,, anything more than that, and you are asking for trouble.... simply because you risk paying on LAST months billing cycle, and not THIS months... you pay too early, and you leave yourself open to the possiblity that the payment will get credited to the wrong cycle, and you could wind up late simply because the payment was improperly credited. no more than 7 days before the due date.  

It takes a while for new information to wind up on a credit report, as there are a lot of parties involved. It is not unusal for several weeks to go by before information pops up in a report. The first few months you have new credit, no matter what it is, you will see a drop in your score. The reason for this is that creditors want to see what you're going to do with your new credit card before rushing out to give you another credit card. That combined with a possibly higher credit utilization means you're going to see a noticeable hit to your score.  If you spend the next 6-12 months paying down your balances, paying on time, and establishing history, you will see that number bounce right back.

 i pay most of my credit carl balance to less then $40

Thanks for the replies, I understand now.