When i was younger and stupid i got my self into debt by thinking credit cards were free money and ruined my credit rating. Now that i am older and wiser i have taken care of my old debts and have now got a new credit card.
I have a decent amount of savings now and have no use for the credit card other than to build my credit. I plan to pay it off in full every month, my question is does it matter what time of the month i pay it off? for example i just spent £100 on it 10 mins ago, if i pay it off right now today will that make any difference to the way i build my credit rating or does it not make a difference providing i pay in full every month?
I have a decent amount of savings now and have no use for the credit card other than to build my credit. I plan to pay it off in full every month, my question is does it matter what time of the month i pay it off? for example i just spent £100 on it 10 mins ago, if i pay it off right now today will that make any difference to the way i build my credit rating or does it not make a difference providing i pay in full every month?