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99problemscreditsone

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Pay off at end of month or right away?
I was just approved for a credit card w/ a $200 limit. If i spend $40 at a time and pay it right away would that be better than charging $40 and paying at the end of the month? Im trying to re-build my credit and any help is appreciated :)

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The best practice is to pay on time monthly.  Most cards if you pay in full on the date listed will not charge you any interrest. If you paid right at the time you make the charge I do not think it would be any worse or better, only you earn a few cents if you have the money in your interest bearing account and pay when due.

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You want to pay after the bill comes in and before the due date so that you will show utilization of the credit card.  That term is well covered in the excellent articles presented here since teaching about credit is the purpose of this site.  I learned a lot and have greatly benefitted from this information.

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