Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
General Discussion
In reply to the discussion: How many credit cards do you have? [View all]Mr. Ected
(9,675 posts)15. 2 cards, both of which I use regularly
I know when the credit bureau sweeps come in on each one every month and I pay each down to 10-15% utilization each month before those dates, then again before any interest is due. Brought my credit score up 130 points in a year using this method. I hate the games I have to play- and the time consumed- but the rules provide only a narrow window to optimize your score without costing you money.
Edit history
Please sign in to view edit histories.
44 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
RecommendedHighlight replies with 5 or more recommendations
Fair point, but the Nigerian bank I'm in touch with says not to reveal it...
brooklynite
Jul 2021
#3
I've lost track, but only one has a balance and that's paid off in full every month. Most are
Vinca
Jul 2021
#7
Thanks. I appreciate the information. Never thought I'd be penalized by the credit reporting
Vinca
Jul 2021
#34