This is incorrect and I’m not sure why you’re trying to die on this hill everywhere in this thread. Look bro, of you’re upset you’re carrying a balance and you didn’t have to be because someone lied to you, I get that. But when you’re confronted with real facts, you’re supposed to reevaluate the situation.
Credit cards also report monthly. What balance you have when they report, may not be what it is when you pay your bill. So if your limit is $1,000 and they report when your account has $1,000 spent, theyre reporting 100% utilization. But if report day is 3 days before you make your payment of $1,000 it’s still being reported that way and not $0.
This is incorrect and I’m not sure why you’re trying to die on this hill everywhere in this thread. Look bro, of you’re upset you’re carrying a balance and you didn’t have to be because someone lied to you, I get that. But when you’re confronted with real facts, you’re supposed to reevaluate the situation.
Credit cards also report monthly. What balance you have when they report, may not be what it is when you pay your bill. So if your limit is $1,000 and they report when your account has $1,000 spent, theyre reporting 100% utilization. But if report day is 3 days before you make your payment of $1,000 it’s still being reported that way and not $0.