LogFAQs > #951180430

LurkerFAQs, Active DB, DB1, DB2, DB3, DB4, DB5, DB6, DB7, Database 8 ( 02.18.2021-09-28-2021 ), DB9, DB10, DB11, DB12, Clear

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Topic	Is it myth that paying off your credit cards hurts your credit sorce?
Pitlord_Special 02/28/21 12:35:18 PM #33:	I pay my credit cards off once they post the statement with a balance on it. This statement is what is captured by the credit bureaus, so you can have a nonzero credit card utilization being reported while still paying off the card every month. It's only if you let the outstanding balance go unpaid from month to month that you will start getting charged interest. --- Posted from my iPhone 8 <cite>Pitlord_Special posted [p:951180430] in Is it myth... [t:79319793]...</cite> <quote>I pay my credit cards off once they post the statement with a balance on it. This statement is what is captured by the credit bureaus, so you can have a nonzero credit card utilization being reported while still paying off the card every month. It's only if you let the outstanding balance go unpaid from month to month that you will start getting charged interest. --- Posted from my iPhone 8</quote> ... Copied to Clipboard!
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