I've been trying to figure this out for myself, but I'm still confused. I was of the understanding that you needed some sort of balance on Crown Jewelers in order for them to report. My balance is $30.95 and I just signed up & made my first purchase two weeks ago. I haven't paid my first payment yet because I wasn't sure if I needed to keep a balance for about a month in order for them to report. The minimum payment is $25, so I would just pay the entire balance instead of leaving a measley $5 on there.. It says in my introductory e-mail that the minimum payment is 5% of the PRIOR month's closing balance or $25. I haven't received a statement yet. So my question is this: do I need to pay my first payment today and rest assured that it will be reported, or can I wait till the end of August? Thanks a ton!!
My purchase came to $54 I believe. I paid $25 min immediately. Reported with a $29 balance on $500 limit before the next payment was due. I then paid it off for $29. That was 3 months ago. TU reporting $0 balance, EQ and EX still reporting a $29 balance...