Quote:
Originally Posted by V_RocKs
... but the point is they have no idea if you used the card and paid it off in full each month or don't use it and it just sits there...
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I don't think this part is correct.
I know from personal experience of paying of my credit cards each month that the balance is reported to my credit report before I make the payment on the card. I think you'd have to pay the balance off before they issue the statement to have it come out as $0. At least that has been my experience in Canada.
