Does It Affect If You Pay Your Credit Cards Before / After ?

Hi there



I am just wondering if on your experience, regarding early payments or later payments affects on your credit score ?



for instance, my billing due ddate for a credit card it is on 9/11/2005 does it affect if I pay it on 9/12/2005 or 9/13/2005 ? I mean, I know that they do not reflect on your credit report until you did not pay at the end of the month but my basic question it is, if you pay like 5 days before of the due date , do they report on the credit repositories an extra points to pay before due date ? or after due date in negative ? or it does not matter any of those ?



let me know,



thanks

Ray

Comments(5)

  • fbprop16th September, 2005

    If a credit card is paid after the due date it can show as "past due". If paid before the due date it should be "paid as agreed" as you paid as agreed before the due date ... if you pay early the number of days is not reflected.

    Of course if you pay late (even by a few hours) most credit cards will charge a late fee .... so it is always best to pay on time (before the due date).

  • rayosx17th September, 2005

    maybe I did not explain it so well, does it play a game on the fico score earlier and late payments for just less than 5 days ? or it does not matter as long as they do not report with the credit repositories ?

  • rayosx17th September, 2005

    thanks for answer my doubts

    I appreciate it

  • jstika28th October, 2005

    nope!

  • rayosx28th October, 2005

    nope ? what ?

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