The Best Time to Pay Your Credit Card Bill (And Increase Your Credit Score)

When is the best time to pay your credit card bill?
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Technically the best time to pay off your credit card is anytime before the statement due date, because you don't want to accrue penalties and late payments on your credit report. But when is the best time to pay down your credit card to help improve your credit score?

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[HonestFinance]

Enjoy the video. I hoped it helped. Feel free to comment below if you have any questions, thanks :)

[shaolind]

Thanks for not making this into a long story. I just want the facts man! Good job.

[jainejane]

In less than 5 minutes, I have understood so much! Well explained!!

[leeh]

I have no idea why I can’t wrap my head around this lol so if I have a billing cycle date of June 27-July 26th with a payment date of the 21st. When is the best time to make an extra payment ?

[Dee--Jay]

will it hurt to pay it off completely before they report to the credit company

[tw]

Firstly, thank you for posting. So just to make sure Im clear. If my DUE date is the 28th, and my STATEMENT date is the 3rd of each month, its Ok for me to PAY off BY the due date and whatever is charged between the 29th and the 3rd will be snapshot and sent to the Bureau correct? If I pay OFF the card and NOT use the card until AFTER the 3rd the snapshot will SHOW 'Paid Off' and it could potentially lower my believe this just happened to me because I paid OFF and didnt use my cards until AFTER the 3rd....

[zapxprod]

i have a question should i pay my bill before the due date . Or before the statement closing date to increase my credit score?

[estherdarling]

I’m so confused I hope you can help. I got my first credit card recently. I spent very little and paid it all back before the first statement came. Am I supposed to leave some money owed as it was zero owed? Will it look like I’m not using the card by not owning money when it calculates the minimum payment? Any advice is appreciated

[gillianthompson]

I was legit just about to leave a comment in relation to how much of my credit I should actually be spending