Re: Paying off credit card multiple times a month @PinkBAPE95 wrote: Hello everyone! I'm rebuilding my credit, and my primary credit card, the TD Cash Reward card, has a low limit of $500. Because of this, I sometimes exceed the recommended 30% utilization rate. The re...
YMMV, but I used heavily and paid in full sometimes multiple times each month. After the "credit steps" increase, they only, as far as I know, permit an increase/decrease once every 6 months so I have it marked on my calendar. I've began using my PenFed PCR card for th...
You can also make multiple payments throughout the month, so your utilization is low no matter when in the billing cycle your card issuer reports to the credit bureaus. If your balance happens to be high when the issuer reports, it can damage your score, even if you pay off cards every ...
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payment was $111. To help clear my debt sooner, I decided to increase my payment to $350 a month. Sometimes I paid more on top of that, and other times I didn’t. When I made extra money from side hustles and work bonuses, I always tried to put a chunk towa...
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Number 2 paying off my business credit line. Number 3 paying off my business. Number 4 doing a will and trust Number 5 paying cash for my daughter’s college –Bill Why Paying Off A Home May Not Bring You Stress Relief I've personally paid off avacation property rental, a rental that...
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