When's the best time to pay off your credit card debts?
Answer:
I would pay them off ASAP. The sooner they get paid off, the more likely they will update on your credit report. Your usage of revolving credit is one of the largest factors in your score.
Also, do not apply for any more cards. Inquiries and newly opened accounts have negative effects on your score.
Good luck with your new home purchase.
As the bills come in!
Always clear your credit card dues in full and much before the due date mentioned on your card statement.
one time payment
It's so easy to get on-line bill pay with your bank! You detail all of your creditors and your bank automatically takes it out! You will see your credit skyrocket in very little time--I did!!
You could set full direct debit payment with your creditcard company and they will take required amount of money from your account each month and you will not incur any interest on your credit. Also your credit score will be good because you paid all full each month.
__________________________
http://www.makemoneyexpert.com
in full the moment you get the bill.
If you have a 200 dollar spending limit multiply it by 30%
Keep that amount charged and make payment for about 6 months
Pay off at the end of the grace period - in full. You will get a good credit rating quickly.
The best time to pay off your credit card debts is ON THE DUE DATE without exception.
Sweet dreams are made of these.
Who am I to disagree?
That's the stuff 700 and 800 FICO scores are made of.
we bought a house 2 years ago first time home buyers
it's best to have little or no credit cards and they wanna see bank statements for the last few month as well so make sure you have at least 500 dollars in the bank for the last 3 month before buying a house. it looks a lot better then when you have 10 bucks or - good luck
Pay your current debts right away in one sum.
Then, never miss a monthly payment for your current purchase.
For more info:
www.freewebs.com/infosource100
well, I don't promise anything but
people in debt often seem to find some help here :
http://credit-cards.ebookorama.com.
http://credit.ebookorama.com
http://credit-repair.ebookorama.com.
and here http://finance.ebookorama.com
good luck!
The answers post by the user, for information only, BAnswer.com does not guarantee the right.
Other Questions and Answers: