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.
- 9 months agoFavorite 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.
- SumDudeLv 79 months ago
WAIT for the cc bill, review it, and pay within terms.
- Anonymous9 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.
- dman63Lv 79 months ago
Pay it off now. You should never let credit card balances sit.