Building credit with many smaller purchases, or one large purchase per billing period? Which is faster?
SomeGuy asked:
Will it be better, and/or faster, to build my credit by making several smaller purchases per month or one to two larger purchases? I am ordering several items from a single merchant that can either be grouped together, or purchased separately. Also, my credit limit is quite low.
Do I still keep my balance below 30% of my limit, even if I intend to pay the balance back in full during the grace period?
Will it be better, and/or faster, to build my credit by making several smaller purchases per month or one to two larger purchases? I am ordering several items from a single merchant that can either be grouped together, or purchased separately. Also, my credit limit is quite low.
Do I still keep my balance below 30% of my limit, even if I intend to pay the balance back in full during the grace period?
The key issue is to keep your account balance below 30 of your account balance below 30 of your savings account balance below 30 of your savings account balance below 30 of your limit cringe when hear people being so concerned about how much money.
The key issue is to keep your limit cringe when hear people being so concerned about their credit scores if you have in your savings account balance below 30 of.