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Question By
vinogradov8

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When to pay off my credit cards so it reflects on my credit score at the end of the month?
At the end of the month (maybe next month) I will be financing a vehicle. I want to save as much on interest as possible so I want to do everything in my power to raise my credit score. I pay bills and spend everything through credit cards that I pay off every month, I actually pay them off several times throughout the month because I have the best rewards on my lower balance cards.
Anyways, when do I have to keep my utilization low so that it shows up as 1-5% on the credit report they pull? Are their credit reports updated daily?
Thanks

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Each creditor chooses the date that they send their account info to the credit bureaus.  When someone pulls your credit report, that is a snapshot of your credit at that day & time.  Your credit report can change daily; depending on when the creditors do their reporting. It sounds like you are on the right track, I think if you keep paying them off throughout the month you should have no worries when applying for a loan.  Good luck on the new wheels!

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