5 People Helped
Member Since: December 2013
This system is flawed.I had 0% utilization and had a score of 830 then to cross check i charged a lawnmower with 0% interest for 24 months on a credit card a $3200 purchase which brought my utilization up to 4%. Then guess what my credit score DROPPED to 810. Take my advice dont charge on credit cards if you dont need to it goes against your score and it will ALWAYS DROP!!!!!
ouryugos21's response was:
ive got a credit score of 833.i recently got an offer for a credit card with no interest for 21 months.i took advantage of it and purchased a zero turn mower.it was 3700.00 and i divided the pymts equally so it will be paid off at the end of the 21st month.is there an advantage or disadvantage to having this balance???