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| Topic | Do you typically pay your full credit card balance? |
| BlameAnesthesia 06/22/18 4:09:23 PM #51: | Giant_Aspirin posted... when you put something on the card you're borrowing that money until you pay your balance. carrying over a balance has absolutely no advantage at all, from a credit score perspective. Also this. 0% APR cards are attractive for people who need it for a particular purpose. When I was applying to medical school after undergrad, I had to basically come up with several thousand dollars I didn't have for application costs, travel, etc. A 0% APR card was essentially a "free loan" to charge the expense up front and slowly pay it off over 18 months. I could swing $50 extra bucks a month at the time. Paying a few grand up front was harder. This made it so I didn't have to take an extra year off to just apply and not get charged interest. If you just have a card for the sake of having a card, the 0% APR doesn't really mean anything. --- ... Copied to Clipboard! |
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