kimba999

3 Contributions 143 People Helped

Member Since: August 2013

Most Helpful Contribution

Credit card utilization and your credit score

Dec 12, 2013
Helpful to 143 out of 167 people

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. 

Activity (3 Total Contributions)

Credit card utilization and your credit score

Dec 12, 2013
Helpful to 143 out of 167 people

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. 

Credit card utilization and your credit score

Oct 23, 2014

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. 

Credit card utilization and your credit score

Oct 23, 2014

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.