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Credit score
I was wondering if anybody knows why, after I opened a new credit card, one of my credit scores stayed the same, one increased 18 points, and one decreased by 5 points?
This was as soon as the card was posted to my reports as opened, before any charges/balances/payments.
I’m also confused about credit utilization- I am charging about 10% on my cards each month, I now have 2 credit cards.
so do I let that 10% post to the statement so the 10% is what is reported to the CBs? I am paying my total amount due each month.
or should I be charging the 10%, then paying part of that off BEFORE the statement is posted(if so, what percentage?), and then paying the remaining balance in full before the due date?
thanks!
October 27, 2019
10:20 AM