diesoh

1 Contributions 37 People Helped

Member Since: April 2012

Most Helpful Contribution

Credit card utilization and your credit score

Mar 11, 2016
Helpful to 37 out of 38 people

I don't get it. Why would you want to pay interest when you can avoid doing that. Even if it's a minimum amount that money is better off in your packet than theirs. People this is simple just pay off your balance in full before the due day every month and watch your credit rating go up little by little. CC companies don't care whether you pay them 4 times a month, they do however care whether you pay on time. My wife and I have four credit cards that we use regularly and pay the full balance every month and never ever carry a balance and our credit ratings are in the 780s. People please understand that having a great credit rating is a work in progress that just doesn't happen overnight. Just be patient and don't give your money away to these CC companies their ultimate goal is for you to carry that balance every month so that they can feed off of it,  I mean after all how do you think they create most of their revenue?

Activity (1 Total Contributions)

Credit card utilization and your credit score

Mar 11, 2016
Helpful to 37 out of 38 people

I don't get it. Why would you want to pay interest when you can avoid doing that. Even if it's a minimum amount that money is better off in your packet than theirs. People this is simple just pay off your balance in full before the due day every month and watch your credit rating go up little by little. CC companies don't care whether you pay them 4 times a month, they do however care whether you pay on time. My wife and I have four credit cards that we use regularly and pay the full balance every month and never ever carry a balance and our credit ratings are in the 780s. People please understand that having a great credit rating is a work in progress that just doesn't happen overnight. Just be patient and don't give your money away to these CC companies their ultimate goal is for you to carry that balance every month so that they can feed off of it,  I mean after all how do you think they create most of their revenue?