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SB921

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Credit card payments, weekly or monthly?
I'm considering getting a secured credit card with a $200 limit. What's the best way to raise my credit, making the minimum payment once a month or using the card for gas every Monday and paying it off every Friday? I've heard some people say only spending half of the limit is best, is that true? (Charging less than $100 every month)

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For scoring purposes, how you pay wouldn't make a difference (meaning weekly or monthly). Paying it every week may appease your credit card issuer though and give you better chance for credit line increases. The main thing is to keep the utilization on the card low (less than 10% of the credit line) when the balance is reported to the credit bureaus. Most credit card companies report your balance once per month, so you will have to figure out when this date is. Do some reading on "Credit Card Utilization Rates" as that may be helpful to you. P.S. You should let a small balance report each month on 1 card, so you are not dinged by some FICO scoring systems for "not showing any revolving activity".

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Instead of listening to the opinions of other people who likely know even less than you do, take the time to read the articles here since the stated purpose of Credit Karma is to TEACH people how credit works and how to build their credit score. It works because I did it and now have an excellent credit score.  This is something that should be taught in high school.

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