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One strategy that can help to get your credit score high

July 2, 2014 by · Leave a Comment 

Here is a strategy that you can be employed to improve your FICO score. Pay your credit card balance in full and on time. You can do this by planning and timing your purchases on credit cards. This strategy may help you to delay your payments for 60 days without incurring any interest too.

How do you do that? You need to time your purchases right after your billing cycle ends. For example, if your billing cycle end on 20th day of the month, charge any new purchases on the 21st day of the month. That billing cycle ends on the 20th day of the following month. This charge will appear on your next bill that comes due in another 30 days after you get your monthly statement giving you additional 30 days to pay. This strategy can especially work to your advantage if you are planning to buy large purchases.

This is why it is so important to learn the habits of your credit card company as well as your terms of the card. If you follow their billing cycle, you should be able to easily identify the pattern and use it to your advantage.

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