Thread: To pay or not to pay?

I have a Providian account with a $500 limit. My balance is $450 and I now have the money to pay off my account and return my balance to $0.

My dumb question is how would I benefit from paying off this card. I would like to use the money for something else and just pay 1/2 now and the other 1/2 later. My kids could really use some new clothes.

What would you do?

I'd pay the Providian down to $200, put aside $50, and use the rest to get the kid's clothes.

in your best interest. (literally).

Pay the card off online, it takes a day, then charge it back up.

Excercising your ability to pay large amounts impresses the creditors, and are a large reason why they give you upgrades.


With my cards, i charge EVERYTHING i can (except rent) to my card, and pay it off. I pay nearly $2k/month.

I guarantee you the larger the payment you make per month, the quicker or better the increases are going to come.

Pay the card off and then use it to charge clothes for your kids. That would be the best thing to do in my opinion. I do that all the time just to exercise my credit.

I'm going to pay the account off. My account will be reviewed in April. Hopefully, they will increase my limit. :o)