I'm tired of seeing debt so I was going to throw 33% of the balance left every other week this month (paydays).

Making 3 payments in a month going to hurt my credit? I figure as long as I'm not missing payments I should be good right?

If it negatively affects my credit score is it even worth the peace of mind eliminating it all this month or should I just wait until the next statement is available in January?

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Posted by Golfer

Member since Nov 2005

75052 posts

Posted on 12/6/16 at 8:32 am to Lazy But Talented

If you're tired of seeing debt you shouldn't be worried about the short term impact of your credit score when paying the debt off.

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Posted by oklahogjr

Gold Membership

Member since Jan 2010

36746 posts

Posted on 12/6/16 at 8:32 am to Lazy But Talented

It might actually raise your credit score some making multiple payments

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Posted by b-rab2

N. Louisiana

Member since Dec 2005

12575 posts

Posted on 12/6/16 at 9:22 am to Lazy But Talented

are you that worried about your credit score every few weeks?

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Posted by Monday

Prairieville

Member since Mar 2013

5001 posts

Posted on 12/6/16 at 9:36 am to Lazy But Talented

LINK

quote:
Making more than one payment in the month can indeed help raise your score.

Some people assume that if they pay their balance off every month, their credit report should show a zero balance. Unfortunately, your credit history will show the current balance on the day the credit card company reports to the credit bureau. You have no control over when in the billing cycle this "snapshot" will be taken -- it could be the day before you pay your balance in full or the day after or sometime in between.

This post was edited on 12/6/16 at 9:38 am

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Posted by Lazy But Talented

Member since Aug 2011

14438 posts

Posted on 12/6/16 at 10:32 am to b-rab2