Credit Advice

Have a question? Have advice to share? The combined knowledge and experience of everyone in the Credit Karma community can help you. Enter your question or help others below to get started!


Posted in Credit Scores
Profile Image

Question By

3 Contributions
1 Person Helped
Credit card utilization on record or not?
Here is a interesting question. So I have been saving up cash for a huge purchase, around $12,000. And I am definitely going use to credit card BUT pay back in full amount with my saved up cash when the statement comes out (so I get my cash back bonus). So, here is the question.

Should I pay the balance back before the statement come out?
- By doing this, this amount will never be recorded on my credit report and will not show up as credit utilization.

Or should I let the balance stay until the statement come out and pay back in full?
- By doing this, this amount will show up on my credit report as high credit utilization for 1 month.


Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.


Reply to this Question

Write your response:
Enter Your Comments

The Credit Advice pages of the Site may contain messages submitted by users over whom Credit Karma has no control. Credit Karma cannot guarantee the accuracy, integrity or quality of any such messages. Some users may post messages that are misleading, untrue or offensive. You must bear all risk associated with your use of the Credit Advice pages and should not rely on messages in making (or refraining from making) any specific financial or other decisions.