Quote:
Originally Posted by Bladewire
Part of your credit score is having a balance of, around 10% utilization, that you pay off every month to show that you're using the card and you're paying it on time it builds up your credit worthiness.
If you have a card and you're not using it then you're not showing A-Reliable payment history because you're not making payments.
Credit scores: Is 1 percent utilization better than 10 percent or zero? |
That is what I do, and never use more then 30% of the available credit.
I understood from his post that he was leaving an unpaid balance, paying only part of it.
Btw, my transunion score us... 900 !, biggly score.