Originally Posted by
anotherTCKid
Isn't that what I'm pretty much already doing? I do spend way more than my limit each month, but the actual balance at any given time is always under the limit. The key difference is that I leave a little bit on the balance (7%) at the end of the month to purposefully show utilization on the credit reports, then pay it off once it posts.
By doing that, I think I achieve a few things. Like you mentioned, it shows Capital One I use the card a lot, but it shows some utilization on my reports, as well as being paid in full and on-time. Am I missing something?
If you're focusing on increasing your limit with Capital One, it may not matter as much to leave a balance each month. Either way, it sounds like you're doing the right thing and just need to keep doing it. Seven months is a really short credit history.
Last edited by bookman77; Mar 17, 2012 at 9:02 pm
Reason: corrected typo (meant "limit" instead of "balance")