It's impossible to make an educated guess because there are sooooo many variables at play in credit-scoring models. Next to making your payments on time, your credit utilization is the most important part of your FICO score, and the two factors combined account for about 65% of your score. So, all else equal, expect it to have a significant positive impact on all your FICO scores.
I seem to pay my bill like a week before the due date n then spend a lil on gas just to keep a balance on there. Is that good or should I leave it at 0 until cycle restarts???
It's perfectly fine if you want to pay your bill early each month, although you're not utilizing the float to its fullest extent. Just make sure you're always under 10% utilization, pay it off in full each month, and never be late. If that means making payments multiple times each month to keep your utilization low, then do it.
So if its a 500 dollar credit limit only spend under 50 a month? What if I spend 100 and only pay 80... wouldn't they report to the bureaus that my current balance is 20 and under 10%???
What gets reported to the CRAs is the balance on your account at the time it's reported. Not all creditors report at the same time, so it can be difficult to track. If they happen to report when your balance it's $100, then you would be at 20% utilization. And if they report after you've paid and the balance is $20, then yes, your utilization would be under 10%. Don't leave balances on your card though. Always pay in full - that's the number 1 rule of responsible credit card use.
If your goal is to keep the your utilization under 10%, you can go to truecredit.com and find our your actual reporting for your credit cards. Make sure you pay down your credit card before the reporting date and credit bureaus should report the new lower balance. This will prevent you from making multiple payment during the month to keep your utilization down.
