I have an available credit of $1000/$2000

    I made 4 seperate purchases

    I made them all 6 monthly payment plans

    I paid extra more than what was due

    I have a negative balance of 450 so balance -450

    But my available credit is still 1000/1000 because the rest of my payments aren't due yet

    So I spent over 35 percent of available credit at 50% right now with a negative balance of 450

    Will my credit get better or worse?

    I'm considering cancelling one or two of the equal payments and just paying it out since I don't need the card to give me time I just use it for those juicy rewards points

    Walmart MasterCard question
    byu/SQUATS_FOR_DAYS69 inCreditCards



    Posted by SQUATS_FOR_DAYS69

    1 Comment

    1. Honest_Pollution2715 on

      Utilization has a short term impact to your score, but paying your balance mid cycle to reuse your credit is called ‘credit cycling’ and can put your account at risk for closure. The lender decides on that limit for a reason, you could try calling to request a limit increase if you have a good history with the card

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