Quote:
Originally Posted by Mike33
I think one reason is that credit card companies hate guys like you because they dont' make any money off you. They make money off interest, and if you're paying your credit off in full monthly, they're not getting interest. They would prefer you pay the minimum balance each month instead. It's like taking out a mortage today, and paying it in full tomorrow - the bank would not have made any money from giving you the loan.
Anyway, like you said, if you're paying off in full each month, you'll have no problems getting a loan for a car or house anyway. I'm like you, I pay off my credit in full each month because I can't stand knowing I owe money on something. I learned that this isn't the "best" way to do things in the eyes of the credit system, even though I believe it's the best way to live, personally.
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i was in shock when i checked my credit the other month - I was sure i'd have a higher rating. i checked my file and it goes back 7 years with equifaxand not one late payment on anything and tons of things paid off in it's history for $10s of thousands of dollars.
like i said - got a $1000+ car lease no problem the other day and my bank talks to me regurally and has told me I can have piles more money if i want it so I guess it's really not an issue to me. Just shocking to see it soo low is all. 
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