Is it better for your credit score to pay a large credit card balance before the cycle ending date?
For example you make a very large purchase which is more than 1/3 of your credit limit. If you pay before the end cycle date there is a zero balance on the statement but if you wait for the statement then there is a huge balance. Note: I always pay the entire balance.
by 
Denmarks
ANSWERS: 1
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No. Your credit score, maybe counterintuitivey, goes up from borrowing money. So, make the suggested payments, and it will go up, but you will pay more interest. Or, pay it off, and pay far less interest ,but your score will stay pretty much the same. Or, stop paying, and your credit score will drop, but you'll (temporarily) keep the money you borrowed.
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