Skip to main content
An official website of the United States government
(855) 411-2372
Submit a Complaint

Will paying off my credit card balance every month improve my score?

Not necessarily, but for many consumers, it is still a worthwhile financial practice. 

Your credit score is calculated, in part, by comparing how much credit you are using to how much credit you have available on the day the credit card company reports to the credit bureau.

So even if you pay off your card every month, you might have a high balance on the day the report is made. As a result, if the report is made just before your bill is due and you have run up a large balance, your score will go down even if you pay it off the next day.

Take the next step

Submit a complaint

We’ll forward your issue to the company, give you a tracking number, and keep you updated on the status of your complaint.

Submit a complaint

Don't see what you're looking for?

Browse related questions

Was this answer helpful to you?

Please do not share any personally identifiable information (PII), including, but not limited to: your name, address, phone number, email address, Social Security number, account information, or any other information of a sensitive nature.