@louisvillesco: Most people only know their due date but your statement date is just as important. Once you understand this, you can begin lowering your credit utilization which accounts for 30% of your score. If you need to increase your credit asap this is the best way! Remmeber credit Utlization does not hold a memory so if you have high Utlization one month you can fix it the next month! #creditcards #financialliteracy #PersonalFinance #creditrepair #creditscore
Important: keep that utilization (balance owed before statement date) IDEALLY between 7-9% max 10%. If lower better but asking for less than 10% is highly unrealistic in a lot of cases. Once that statement date closes with less than 10%, then you pay off completely whenever you want before the due date 🙌
2026-04-23 03:47:16
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Nakoa (nuh-kowuh) :
So it’s best to pay it straight away for each purchase on the CC right?
2026-06-19 12:34:02
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Zillennials Life :
Just to clarify, pay partial/full balance before the statment date?
2026-05-01 23:42:52
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