When to pay credit card bill?
January 6, 2013 12:09 PM Subscribe
Is it best to pay credit card balance right away or when it's due to improve credit?
posted by Raichle to Work & Money (11 answers total) 8 users marked this as a favorite
I am working on building my credit and I have a secured card through my bank right now. I was told to use it but never use more than about 40% of my limit. I'm just not sure if I should continually use it at that amount and pay the balance or use it up that amount each month, wait for a bill, and then pay the balance off. I'd really like to buy a new car soon so I'm looking for fast ways to improve my credit. Right now I have a "thin file" and no score at all - just a few unpaid medical bills I'm paying off this week.