143 People Helped
Member Since: August 2013
Me too! I have a 'C' grade even though I pay off my cards every month. I use them constantly but I always pay them off so I supposedly have 0% utilization. I too would rather have the 'C' grade then pay for interest.
kimba999's reply was:
I think it was still a good idea if you saved a lot of money on the interest by doing the transfer. You'll build your score back up. Unless, of course, you were buying a home soon after and the hit on your score drives up your mortgage.
I have the same thing - I have over $75,000 in limits and I have $0 in utilization and they give me a "C"grade. I don't get it.
I use my cards all the time (particularly two that I get points on) but pay them off every month. I haven't paid interest on a credit card in many years.