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The Statement Date Trick Nobody Tells You About (It Can Boost Your Score Fast)

Person reviewing their credit card statement closing date to use the statement date trick and lower reported utilization

Most people assume their credit score only reflects what they owe on the day they check it. In reality, it reflects a single snapshot — the balance your card issuer reported to the credit bureaus on your statement closing date. Once you understand that distinction, a simple technique known as the statement date trick can … Read more

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