Credit Repair

632 Credit Score – When to Pay Credit Cards? On THIS Date to Raise Your Credit Score (Credit Utilization Tips)


632 Credit Score – How to Choose

From prepaying your credit cards to understanding how the credit card cycle looks, today’s video is helping YOU build your credit score fast. From how you pay your credit card to saving money on interest, today we cover it all in Credit Cards 101!

What is my favorite credit card? The AMEX Card (either Blue Everyday Cash with a $0 annual fee, or the Blue Cash Preferred card that has a $95 annual fee. Check them both out here 💳

Want more great Credit Card Tips & Tricks for building your score? Check out my YouTube Playlist here:

🤑 Robinhood App – Get A Free Share of Stock Just for Starting ►
📈 WeBull App – Get 2 Free Stocks valued up to $1500! Learn more ►
💳 Apply for an American Express Card with this link. We can both get rewarded if you’re approved ►
📕 JOIN Audible with a FREE Audiobook ►
🔥 DISCOUNT on Amazon Prime Membership ►
🏆 GET FIT with Beachbody on Demand ►
💰 STASH App for Beginner Investing ►

📷Camera Set-Up:
📷Camera Lighting:

Chapters of Today’s Perfect Credit Score video:
00:00 Introduction
00:49 Carrying a Balance on a Credit Card
03:07 Should You Pre Pay Credit Cards?
04:43 Best Credit Card Utilization for Credit Score

Do you pay your credit cards each month in full? Or, do you carry a balance?
One of the HIGHER impacts of a credit score is the total credit card use. Carrying a balance over to the next month is bad for two reasons:
1. It will charge you interest (boo! No one wants to spend extra money on pointless things!!)
2. It impacts your credit utilization and can lower your credit score. Pay off your credit card balance to take advantage of a higher credit score.

Secondly, do you pay off your credit cards each month (go you!) but you wait until you get the credit card statement to pay it? Depending on how much money you put on your card, this could impact your credit score.

How?? Because each month the credit card companies report to the three major credit reporting bureaus (Equifax, Experian, and Transunion). If you have a higher credit card use that is reported that takes up more than 9% of your total credit line combined, your score may dip until this is corrected. Therefore, if you prepay your credit cards, you have a better chance of keeping the high impact of credit use lower, thereby giving you a higher score. BOOM!

#creditscore #creditcards #personalfinance

Want to raise your credit line and boost your fico score? Check out the best credit cards for beginners in this video:

Did you enjoy today’s video? If so, please LIKE, SHARE, and SUBSCRIBE!

Yours in Financial Success,

*Some of the links and other products that appear on this video are from companies in which Bob Sharpe earns an affiliate commission or referral bonus. Bob Sharpe is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available.

Thanks for watching the 632 Credit Score video!

Watch the 632 Credit Score video on Youtube



  1. Bob Sharpe
    July 26, 2021 at 7:28 pm

    Onward and upward to a higher credit score!!

  2. George Berger ארקנסו
    July 26, 2021 at 7:28 pm

    Should I close a credit card if I don't carry a balance on the card, and they are charging me $8.00 a month for the card?

  3. Hernandez Steban
    July 26, 2021 at 7:28 pm

    Hi bro 😎 thanks to you *flashcardin* on Telegram I just got my cc 💳 $ delivered to me am so happy you are very legit man ☑️💯

  4. Sharky
    July 26, 2021 at 7:28 pm

    Wow! You’re great!!! Thanks for sharing 😄

  5. Bitcoin for Beginners
    July 26, 2021 at 7:28 pm

    Isn't it sad that we have to gain control of the artificial numbers placed upon us by others to regain some control of our lives?

  6. Fanny P
    July 26, 2021 at 7:28 pm

    So if I spent like $45 on the credit card and I pay it off before the statement is that good

  7. TheFedExMan
    July 26, 2021 at 7:28 pm

    I was always wondering how to prepay your credit card effectively for low utilization. Seems to be that short window after the due date but before your statement close date.

  8. Dave
    July 26, 2021 at 7:28 pm

    Yeah, if a bankruptcy is completed. An application will surely apply. DM @cashprice on telegram. He's highly recommended.