MortgageModificationYeahRight

1 Contributions 83 People Helped

Member Since: February 2014

Most Helpful Contribution

Credit card utilization and your credit score

Feb 23, 2014
Helpful to 83 out of 95 people

I understand the logic behind 0% credit card utilization affecting credit negatively. But I'm able to pay off my credit cards every month and do so. It doens't make sense to carry a balance and incur unnecessary expense solely for the purpose of improving my credit from excellent to "more excellent." 

Plus it gives me the warm fuzzies to use the credit card companies' money for free. 

Activity (1 Total Contributions)

Credit card utilization and your credit score

Feb 23, 2014
Helpful to 83 out of 95 people

I understand the logic behind 0% credit card utilization affecting credit negatively. But I'm able to pay off my credit cards every month and do so. It doens't make sense to carry a balance and incur unnecessary expense solely for the purpose of improving my credit from excellent to "more excellent." 

Plus it gives me the warm fuzzies to use the credit card companies' money for free.