In the 800+ Credit Freedom Blueprint (Chapter 4), it says to request a CLI by:
- Use the card close to the max (90–95% utilization)
- Allow that usage to post
- Then pay it down to under 10%
- Then request the credit limit increase
My question is: when it says "allow that usage to post," does that mean let the statement close with the high balance, or just let the transactions move from pending to posted before paying it off?
I'm asking because if it's the former, wouldn't that get reported to the credit bureaus and temporarily increase my reported utilization, thereby lowering my credit score?