I have a credit limit of $2,200 and I need to spend $1700 why are some saying itβs bad to go above 30% but others saying I can spend as much as I want and pay it off by the statement date
I thought paying it in full was the better option but why Is it bad should I pay my balance and leave a lil balance in between the payment due date and statement date and pay the remainder of my balance so it can report the little utilization it has ?
$1900 balance so I can spend $500 monthly and then pay it back til itβs at 10% of my credit utilization and then pay the remaining 10% before the statement due date ?
First time having a credit card my balance is $1900 so 10% of that is $190 but if use 30% of my balance and make a payment and drop it to 10% will I be good and all I would have to do is pay the remaining 10% by the closing date ?