Here is my Timeline:
01/12/12: Applied Online and was instantly approved with the $49 Deposit. (Sent $750 Online than same moment) (On 01/13/2012 money disappeared from my bank account)
01/17/2012: Got letter on mail from: CapitalOne 30280 Salt Lake City, UT 84130-0280 with message “You”ve been approved for the CapitalOne Secured MasterCard with a minimum security deposit of $49.00… 2 to 3 Weeks and card will get here also says…
When I get the card I will spend 30% by paying my cell provider and anything else in order to get to about 30% as recommended… My question is…, in order to improve score… should I wait for the invoice and pay with interests in order for it to show well on credit reports… or can I just pay it in full the next day? In other words, for example… If I pay AT&T with my credit card today… Can I pay it in full tomorrow to the credit card? (Pay credit card the next day in full) or do I have to wait for the invoice and 20%+ fees and then pay in order for it to improve score? thank you in advance!