Karma2959446

1 Contributions 1,064 People Helped

Member Since: March 2010

Most Helpful Contribution

Credit card utilization and your credit score

Jul 17, 2013
Helpful to 1064 out of 1163 people

It required  YEARS for me to get all my credit cards paid down to zero.  I cringe when I think about all the money the credit card companys extracted from my wallet in interest fees.  I now am debt free and I have five no-fee credit cards and I pay off all balances in less than 30 days - and I must laugh when I see a 'C' grade for my 'credit card utilization' grade on my credit report.  I pay off my balances on time and get a 'C' ... and if I DON'T pay off the balances quickly I get an 'A'...pah-leeze ... I'll stick with my 'C' grade and NO debt...I sleep better with the 'C' ... 

Activity (1 Total Contributions)

Credit card utilization and your credit score

Jul 17, 2013
Helpful to 1064 out of 1163 people

It required  YEARS for me to get all my credit cards paid down to zero.  I cringe when I think about all the money the credit card companys extracted from my wallet in interest fees.  I now am debt free and I have five no-fee credit cards and I pay off all balances in less than 30 days - and I must laugh when I see a 'C' grade for my 'credit card utilization' grade on my credit report.  I pay off my balances on time and get a 'C' ... and if I DON'T pay off the balances quickly I get an 'A'...pah-leeze ... I'll stick with my 'C' grade and NO debt...I sleep better with the 'C' ...