Anonymous
Anonymous asked in Business & FinancePersonal Finance · 9 months ago

Credit card question?

I misplaced my debit card yesterday (found it after) so I was at the store I had to use a credit card. I spent $70. Should I pay it now or wait until the due date?

Asking because I am right at 30% utilization with my other cards so i don't want the balance to go up and hurt my score before then.

4 Answers

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  • 9 months ago
    Favorite Answer

    Wait until the due date, pay the entire balance to avoid interest charges. Then pay off the balances of your other cards and don’t carry a balance on a credit card ever again, paying interest is a waste of money. Get on a budget to find out how much money you have available to pay down debt. Finally, start saving for future purchases to avoid interest payments.

  • 9 months ago

    WAIT for the cc bill, review it, and pay within terms.

  • Anonymous
    9 months ago

    Doesn't really make a difference.  The $70 charge if you pay it now won't likely get reported to the credit bureaus but they will still report you 'pay as agrees' which is what you want.

  • dman63
    Lv 7
    9 months ago

    Pay it off now.  You should never let credit card balances sit.

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