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Question By
Wolfie35

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Should I pay credit cards in full before the statement date, therefore always have a zero balance?
Once recommended by Clark Howard (consumer expert). My credit score is 835, so I believe it's helping by always doing this. But does it then show that I have used the card and paid it off in full?

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Yes

I'm from the other side.   Always Pay off your Balance as soon as you can.

* Keeps your Utilization  Low or at 0.
* You still Get your Payment History regardless.

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A Second NO!!

Always let one card report a small balance, if not you will be penalized for not showing revolving activity. It doesn't sound like Mr.Howard knows much about credit if he is advising to do this.

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NO!

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Wait until the bill arrives, then pay what the total amount due is as shown on the bill.  That will show good usage and a good payment history, which helps the score.

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A Second NO!!!

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Always let one card report a small balance each month, if not you will be penalized for not having any revolving activity.

Reply by
nh19926

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I am no expert,  but I pay mine off in full each month and my score 1 year later is now 727 (after going down 5 points) regarding a home loan, and I have a bankruptcy..... 

My report shows revovling credit history with a zero balance..... even when paying it in full.

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Reply by
icuhowie

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How is one being Penalized for not having any revolving activity?

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@icuhowie, I am speaking of FICO and not any type of non-fico scoring system. I urge you to do some reading about FICO scoring to learn more about how FICO scores are determined.

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