pdtjones

1 Contributions 1 People Helped

Member Since: January 2012

Most Helpful Contribution

Credit card utilization and your credit score

Mar 18, 2015
Helpful to 1 out of 1 people

Question here:  You stated:  " my wife and I pay our credit cards the same day we use them". Why do you need credit if you you can afford to pay cash? Why use the credit card? How have you benefited from the high credit scores you've obtained with the usage, otherwise, doesn't make much sense to use credit when you can pay cash and stay out of debt?

Activity (1 Total Contributions)

Credit card utilization and your credit score

Mar 18, 2015
Helpful to 1 out of 1 people

Question here:  You stated:  " my wife and I pay our credit cards the same day we use them". Why do you need credit if you you can afford to pay cash? Why use the credit card? How have you benefited from the high credit scores you've obtained with the usage, otherwise, doesn't make much sense to use credit when you can pay cash and stay out of debt?