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Posted in Paying Your Bills
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Question By
KamaKoa2014

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Is paying your whole bill before the due date better?
When I use my credit card, I usually pay it off weekly when my statement comes in. But I pay it off before its due. Does this affect my score in anyway or does this not do anything to my score?

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Yes, paying your whole bill before the due date is better.

For the past 3 years have not paid any intrest on any credit card.  All Credit Cards are Paid in full before the Due Date.  The only Exception is for a 0 APR period where you have a 3,6 or 12 month period or open a new card with 0 APR. 

If you look at my profile you can see the time-line I have been keeping on my CK Score and some other information that I'm tracking.

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Since you're not carrying a balance it doesn't matter either way.  I prefer to keep a 1-3% balance on my card at all times, it causes my score to rise.  

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Reply by
jwsister

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I don't like paying interest, so try to pay the total showing on the statement every month.

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Reply by
Addison170

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The only proof I have is my own experience and the collective experience of other credit repair professionals.  Also, if you look at Credit Karma's advice under "Utilization" they suggest the same thing - keep a small balance to drive up your scores.

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Reply by
Addison170

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Besides, paying on time is paying on time.  The credit bureaus only care about late payments, they do not have a code for "paid balance early" so it doesn't affect your score at all.  

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