Credit and Debit Cards
Improving Your Credit Rating

With a credit card will your credit be better if you pay it all off at once or if you pay it of in a few installments?

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Wiki User
April 26, 2007 2:24AM

If you only have one credit card and are a new user, it is always best to pay the credit card off. The exception is if you are planning to buy or finance a home/car, then keeping a LOW balance that is paid is in regular monthly payments, yet not completely paid off, always before it is due reflects that you know how to manage you credit and establishes a credit history. Banks usually look for a 3 years personal history depending upon your age.