I have a credit score of 650 and have recently gotten my first credit card. I have a limit of $300. I’m trying to build my credit score as effectively as possible.
I know at the end of the month statement, I need to have a balance of $30 or less (to keep my utilization low). And I will pay off the balance in full every month.
My question is, is it okay to just make one $30 purchase and leave it there for the rest of the month? Or should I be buying stuff and paying off every couple of days. But still leave $30 for the end of the month.
Does one work better than the other when building a credit score?
Submitted October 09, 2019 at 11:47PM by boyee34 https://ift.tt/2ovuyQn
