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Question: AA & The $2 Reporting To Your CR

The last post in this topic was posted 2215 days ago. 

 

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I know for the maximum fico store for utilization that your supposed to let 1 account post at a $2 balance.

 

 

Wont a creditor get spooked though if you use your card for only $2 every month, pif and rinse and repeat.?

 

Will this cause AA if you only spend $2 in these cycles?

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You don't have to spend $2, you have to let $2 report.

 

Only Amex is known to FR and take AA for $2 balances reporting. :rofl:

 

jk, don't get paranoid! :P

Edited by mendelssohn

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You don't have to spend $2, you have to let $2 report.

 

Only Amex is known to FR and take AA for $2 balances reporting. :rofl:

 

jk, don't get paranoid! :P

I let $2 report on my Amex once and the next day there was my cat on the front porch.

 

Dead.

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You don't have to spend $2, you have to let $2 report.

 

Only Amex is known to FR and take AA for $2 balances reporting. :rofl:

 

jk, don't get paranoid! :P

I let $2 report on my Amex once and the next day there was my cat on the front porch.

 

Dead.

That reminds me of a story about my turtle...

 

:lol:

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You don't have to spend $2, you have to let $2 report.

 

Only Amex is known to FR and take AA for $2 balances reporting. :rofl:

 

jk, don't get paranoid! :P

I let $2 report on my Amex once and the next day there was my cat on the front porch.

 

Dead.

 

 

:(:(:(

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Just curious how many people actually play this game on a regular basis? I'm an admitted junky for the credit game but man what an inconvenience. Get statement, pay balance, repeat for me. Maybe if I was shopping a mortgage or something but on a regular basis?

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Just curious how many people actually play this game on a regular basis? I'm an admitted junky for the credit game but man what an inconvenience. Get statement, pay balance, repeat for me. Maybe if I was shopping a mortgage or something but on a regular basis?

Paying a couple of days before the statement closes is no more inconvenient than paying after it closes. Once a month does it, either way.

 

It's safer too, because it means you've always got an extra 30 days just in case a payment gets misdirected.

 

For example, if you are given 20-25 days from the statement closing to pay, you now have 50-55 days from closing instead. You would have to miss two payments in a row to be late.

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Just curious how many people actually play this game on a regular basis? I'm an admitted junky for the credit game but man what an inconvenience. Get statement, pay balance, repeat for me. Maybe if I was shopping a mortgage or something but on a regular basis?

Paying a couple of days before the statement closes is no more inconvenient than paying after it closes. Once a month does it, either way.

 

It's safer too, because it means you've always got an extra 30 days just in case a payment gets misdirected.

 

For example, if you are given 20-25 days from the statement closing to pay, you now have 50-55 days from closing instead. You would have to miss two payments in a row to be late.

Yep, that's why I like to PIF before the statement closes. It's no more difficult to manage than paying a statement balance.

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