Paying A Credit Card Bill in the United States (I Wish I Knew THIS)

Hey, it’s FJ here! Today I’m breaking down the nitty-gritty of credit card billing, payment cycles, and how they impact your credit score in the United States. Let’s dive in because understanding your credit card billing cycle, payment history, and credit utilization is the key to keeping your credit score healthy. So come learn how to pay credit card bill Here’s the truth: you need to know exactly when your billing cycle starts and ends and how it affects your statement balance, especially if you live in the United States. One of the smartest moves you can make is setting up automatic payments to avoid missing due dates. On top of that, using your credit cards wisely to keep your credit utilization low is crucial. Remember that high utilization can drag down your score. Aim to keep your credit score below 30%, and if you can get it under 10%, that’s even better for your credit health. And don’t overlook business credit! Building business credit opens the door to funding opportunities, helps separate your personal and business finances, and gives your business the credibility it needs to grow. At the end of the day, managing credit doesn’t have to be overwhelming. With the right strategies, you can protect your score, unlock new opportunities, and set yourself up for long-term success. You’ve got this! If you are watching from the United States, let me know and drop a comment to let me know where in the U.S you are watching from Whether you’re in New York, Washington DC, or Texas, this credit card bill and credit utilization hack is for you . Timestamps 00:00 – Why paying on time matters for your credit score 00:51 – Step 1: The three dates you need to know 01:50 – Step 2: Statement balance vs. current balance 02:30 – Step 3: Why you should never miss the minimum payment 03:27 – Step 4: Credit utilization explained (and how it affects your score) 04:10 – Step 5: The “timing trick” that can raise your score fast 05:10 – Step 6: What to do if you pay late 05:43 – credit card best practices #MoneyTipsUSA, #USFinance, #BudgetingInAmerica American budgeting hacks. U.S credit score tips. How to pay credit card bill in the United States