- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Is the high usage on a CC (on a credit report) the highest total
Posted on 4/29/16 at 9:18 am
Posted on 4/29/16 at 9:18 am
ever reached or the highest total at the time the monthly cut off occurred?
In other words, if you had a CC with a 10k limit, charged 8k but paid it before the monthly cut off, would your credit report still showed you reached 8k of usage?
In other words, if you had a CC with a 10k limit, charged 8k but paid it before the monthly cut off, would your credit report still showed you reached 8k of usage?
Posted on 4/29/16 at 9:19 am to cypressbrake3
The number shown on the report is the number reported by the CC issuer on the day they send the info to the bureau, so it's whatever number it was on the report day.
This post was edited on 4/29/16 at 9:20 am
Posted on 4/29/16 at 9:42 am to cypressbrake3
Yeah it's a horrible metric if you reliably pay off your CC monthly.
Popular
Back to top
Follow TigerDroppings for LSU Football News