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Clearing balance 2/3 times a month, good or bad?
MrSilk
Posts: 1,518 Forumite
in Credit cards
After previous experiences with credit cards I'm nervous to use my card, it is a secured card so i know the issuer is of no risk, I'm not sure why I'm nervous as I do pay it back on time, which brings me to ask the following question.
Throughout the month, I pay off the full balance around 2/3 times, usually only a small balance of around £30/£45 at best, Would this be a negative thing?
I also ensure I have a balance at the time of my statement being made, and always pay off the full balance when I receive the statement, even though I am set up for full amount to be paid via DD.
Is this good or bad?
Throughout the month, I pay off the full balance around 2/3 times, usually only a small balance of around £30/£45 at best, Would this be a negative thing?
I also ensure I have a balance at the time of my statement being made, and always pay off the full balance when I receive the statement, even though I am set up for full amount to be paid via DD.
Is this good or bad?
0
Comments
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It's neutral. As long as you have a balance at time of statement, that'll be enough to build some history.0
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Just as I thought, thank you!
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