CREDIT CARD QUESTION

[Ghanaian Armor]

Be broke and make it rain in the club brehs.

You bought 10 bottles in da club? @MR. SNIFLES

 

[Ashley Banks]

@MR. SNIFLES i always feel like you're yelling

 

[iBrowse]

SO I GOT CAUGHT WITH MY PANTS DOWN FINANCIALLY. I NEED 4K TODAY FOR AN EMERGENCY. I CAN'T SHIFT THE MONEY INTO LIQUID CASH UNTIL TOMORROW. I CAN COVER IT ON MY CREDIT CARD AND PAY THE BALANCE TOMORROW BUT I NEED TO KNOW HOW HARD THIS WILL HIT MY CREDIT SCORE. THAT'S LIKE 80% OF MY LIMIT.

I'M TRYING TO SHOP A LOAN FOR A HOME RIGHT NOW SO MY CREDIT SCORE IS A BIG DEAL TO ME.

I DON'T THINK IT'LL HAVE AN EFFECT ON YOUR CREDIT SCORE AS LONG AS YOU PAY THE BALANCE DUE BY YOUR SETTLEMENT DATE. SINCE YOUR UTILIZATION IS GOING TO SHOOT UP IDK IF THAT KIND OF SPENDING PATTERN WILL HAVE AN EFFECT IN THE FUTURE WHEN IT COMES TO DOING SOMETHING LIKE REQUESTING A CREDIT LIMIT INCREASE OR EVEN APPLYING FOR A LOAN THOUGH...LIKELY NOT AS LONG AS YOU PAY DOWN THE BALANCE.

 

[live it to the limit]

You should be ok. The only time a red flag comes up I think is when you get a loan and pay it off the fast in a lump sum. They look at that as shady for some reason. I had to learn that the hard way.

 

[iBrowse]

NVM I DIDN'T SEE @gonzo8402 POST.

 

[MR. SNIFLES]

@MR. SNIFLES did you know that typing in all caps is considered yelling?

DID YOU KNOW THAT I CAN'T HEAR A WORD YOU SAYING? SPEAK UP LIL nikka.

You bought 10 bottles in da club? @MR. SNIFLES

I CAN'T AFFORD 10 BOTTLES BREH!!!! I LOST 3 CERTS AND HAD TO FALL BACK. GONNA HIT UP THE COMMUNITY COLLEGE NEXT SEMESTER THOUGH.

@MR. SNIFLES i always feel like you're yelling

I'M SORRY YOU FEEL THAT WAY. COME HERE AND LET ME WHISPER IN YA EAR...

 

[Rawtid]

If you're paying it off within two weeks, it won't impact your credit at all. you just have to figure out when they report and whether or not it will be before you pay it off or not. Either say you could pay it off and just wait until the next reporting period and your score should go back up.