Lately I’ve noticed more and more dissatisfaction in the industry with how the credit score rules are working, and what they are rewarding vs. penalizing. There’s a need for reform, and especially ways for those who are not “playing the game” perfectly to get access to the credit they need to thrive. So we’re watching this issue closely at Sum180, and love to hear people’s stories that show where the fault lines are.
Specifically to your question, your intra-month balance is a factor, and those trying to improve their credit score can do so by making multiple payments during the month. So it’s not just the zero balance at month end any more. The lower the amount you use of the “available balance” you have across all types of credit being tracked, the better your score.
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