Thread: Credit Score
View Single Post
  #4 (permalink)  
Old 01-25-2006, 09:03 PM
cercis cercis is offline
$ Saving College Freshman
 
Join Date: Aug 2005
Posts: 740
Points: 10089.80
Donate
Default Re: Credit Score

Stu - the companies use a balance to limit ratio, so the lower the balances, the better off you are. BUT, they report at different times per month, so it might not make a huge difference depending on when it is pulled. For instance, if they report right before you pay it off, then it will show as a high balance, even if the next day you paid it off.
Reply With Quote