Which is a better way to raise your credit score...?

I have enough money to pay off what I put on my credit card just a few days ago, but will I get a higher score if I pay it off slowly over a few months? Which way will give a higher score? Paying it off right now, or letting it go for a while. gomanyes..., don't overstate the obviouse...if I knew about these things why would i be asking about them...also I have never had the money to pay anything off fully, niether have my parents, this is a first for all of us which is why I am asking...

Public Comments

1. pay it off now no boubt. the best thing to do is buy something on credit, but have enough cash at the time ex. say you have $500 dollars and you want something. say it costs $400. put $400 in a safe place and buy it with the credit card. at the end of the month instead of paying a minumum payment, take the $400 you put away and pay it in full. it shows the credit companies you are responsible they like it when you dont pay minimum payments. hope that will help you out
2. I totally agree with the above answer. I think if you don't pay it in full at first it may actually bring down your credit? Also, you save money because if you don't pay it off in full at first they may charge interest.
3. Best way to raise the credit score is to pay it below 25% of the high credit limit. Having open, current credit will slowly build credit score over time. Too little revolving credit is one of the biggest credit score killers. Having it available but not charged above that 25% magic number is a good thing if you are looking to build your score.
4. Paying it off quickly will get you a better score. Paying it off slowly will make them think you don't have the money right now, which will reduce your score, and will also cost you more in interest. How old are you? It sounds like you don't know much about these things. I suggest you talk to one of your parents about your credit card and make sure you don't do anything that might screw you over later on.
5. i have no flippin idea
6. paying off at the end of month doesn't establish a payment history.
7. The following 5 critical factors affect your credit score in a major way. By knowing these you can keep a check on them and make your credit score a healthy one. 1. Re-payment history This factor carries the highest weight in your credit report. How steadfast are you in repaying your loans, makes your credit report shine. Experts claim that this factor alone accounts for 35% of points in your credit score. So, if you falter on repayment front it is sure to be reflected poorly on your credit score. 2. Outstanding debt The next comes your debt burden. How much you owe is a factor that according to experts carries about 30% weight in your credit score. This is 30% is based upon outstanding debt. To get a better score it is advised that you keep your outstanding debt to a minimum. 3. Length of your established credit history The time for which you have a credit history also matters. The longer your established credit history the more credit reporting agencies believe in you. This could be simply because of the fact that they have more data to analyze your financial position. Experts give it a 15% weight in determining your credit score. Read more from: http://www.credit-card-gallery.com/article/204,5_critical_factors_affecting_your_credit_score and http://www.squidoo.com/5_critical_factors_affecting_your_credit_score/