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bodyguy91

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Raise credit score by paying off new credit card online as i use it

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I wouldn't use that strategy. I would advise you to learn the important dates in your billing cycle: the due date and the closing date. The bill is due on the due date, and many creditors will charge a late fee if the minimum payment is not received on or before that date. On the closing date (usually 3-5 days after the due date), your balance on that day is reported to the credit card companies. On that day, you want your utilization to be 1-9%. Don't pay in full--zero utilization is only marginally better than high utilization. Remember, your score is a tool to help creditors determine both how risky you are AND how profitable you are. If you pay in full all the time they don't like that because they will never get any interest payments out of you. I wouldn't pay the bill before the statement cuts a couple days before the due date. The bureaus aren't the only ones keeping an eye on your spending habits; the creditor is looking too. If they see that you run a lot of transactions through their card and your balance gets fairly high, they will be more likely to grant you a credit limit increase if you request it, provided you keep your utilization low on the day it gets reported.

Top Contributor
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Best practices for raising yoru score

Using your credit card. 

paying all the time tells the lender that you really didn't need that card. You could have paid cash. 

Use that card for a month.  When you receive the bill,  pay it off.  (rather than making the payment right after a charge, transfer that money into your savings account, Then use it to pay the balance)  use the card for 2 or 3 months then let it report a 0 balance for a month.  By not using it every month, it shows that you can manage the account and not rely on it for daily expenses.

Only carry balance month to month on low interest cards and pay them off as soon as possible.

Good luck   

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