...usage score? I'm presently on a Capital One card with a $500 limit. I had a balance of $160 and then needed to make an emergency charge of $150. When I got home, I immediately made a mid-cycle payment of $160 against my principal, bringing my balance down to the $150 that I charged. The end of my cycle is a couple weeks away.
I have no revolving balances, and everything has always been paid off in full. I just typically like to keep my credit usage below 30% in order to build a good credit score. Since I went over the 30% in the course of the month, does your credit report take into account the full usage, or only what percent of your active credit is billed to you at the end of the month?
I have no revolving balances, and everything has always been paid off in full. I just typically like to keep my credit usage below 30% in order to build a good credit score. Since I went over the 30% in the course of the month, does your credit report take into account the full usage, or only what percent of your active credit is billed to you at the end of the month?