Hi! The utilization amount reported to credit bureaus is the one generated at the time of statement. Meaning, if you pay off your card in full before the statement is generated, your utilization will be 0 for that account on that particular billing cycle. Hope that helps!
great video
If i pay my credit even before statement closing date will my credit utilization be 0?
Hi! The utilization amount reported to credit bureaus is the one generated at the time of statement. Meaning, if you pay off your card in full before the statement is generated, your utilization will be 0 for that account on that particular billing cycle. Hope that helps!
Great post. Great details. Good work!!!