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!

Question

Posted in Credit Cards
Profile Image

Question By
aparajith85

1 Contribution
0 People Helped
i have credit card and i pay off the bill on time every month yet my credit score is decreasing
Hi,

I have a PNC credit card and i have been paying the bills on time with out any delay
yet my credit score is decreased by 4 points this month and i am not understanding why
Please suggest what i should do regarding this ?

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

View your scores and reports anytime.

SIGN UP NOW
All Responses

Result 1-1 of 1Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next
Top Contributor
432 Contributions
364 People Helped
Most Helpful Response

Helpful to 1 out of 2 people

The reason for this is that your credit report will never show any balances if you always pay them off before the reporting is done. Your best option is to know when each card account reports to the credit bureaus. A week before that use your credit. Wait until the card account is reported to the bureaus, then pay it off.

You may end up paying some interest but your credit utilization will then be recorded. The way you seem to be doing it your credit card account never shows that you ever use it. Some use has to be reported in order to generate some history or it will appear that you never use any credit.

Result 1-1 of 1Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next

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

View your scores and reports anytime.

SIGN UP NOW

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.