Personal Finance on Sidechat | i just got my first credit card. when should i pay off the balance? i’ve seen paying at different times can be more beneficial to build credit? due date? statement date?

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Personal Finance 14h

i just got my first credit card. when should i pay off the balance? i’ve seen paying at different times can be more beneficial to build credit? due date? statement date?

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Anonymous 9h

If your trying to build a credit profile. Do not buy anything on the card you can’t afford to pay cash for. When the bill comes in pay the full balance

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Anonymous 7h

Pay the statement balance in full each month, but NOT the full balance. Paying the statement balance avoids interest but having a remaining balance rolling over to the next month will show as credit utilization on your credit report

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