Credit Advice

Have a question? Have advice to share? The combined knowledge and experience of everyone in the Credit Karma community can help you. Enter your question or help others below to get started!

Question

Posted in Credit Cards
Profile Image

Question By
ginjan

0 Contributions
0 People Helped
is it better to pay off my credit card balance or leave a little bit on the balance each month

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW
All Responses

Results 1-2 of 2Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next
Top Contributor
3051 Contributions
2786 People Helped
Most Helpful Response

Helpful to 6 out of 7 people

OK, I'm sure I'll catch some heat for this answer but I truly believe keeping a tiny balance helps drive up your credit score.  Nothing substantive to prove this, just my own experience and advice I received from a credit repair boot camp I attended last year.  If you're not comfortable with that, then pay them off each month.

Top Contributor
7362 Contributions
3808 People Helped

Helpful to 1 out of 4 people

If you enjoy paying extra (that means ther interest charge) instead of getting the account paid in full, go ahead and keep a small balance.  I prefer the "pay the full amount owed as shown on the statement" practice.  You can find out more about what is wise and what isn't by reading the articles and utilizing the financial tools provided on this site because that is what Credit Karma is all about--helping people learn how to build good credit.

Results 1-2 of 2Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW

Reply to this Question

Write your response:
Enter Your Comments

The Credit Advice pages of the Site may contain messages submitted by users over whom Credit Karma has no control. Credit Karma cannot guarantee the accuracy, integrity or quality of any such messages. Some users may post messages that are misleading, untrue or offensive. You must bear all risk associated with your use of the Credit Advice pages and should not rely on messages in making (or refraining from making) any specific financial or other decisions.