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| Topic | Is it myth that paying off your credit cards hurts your credit sorce? |
| Tyranthraxus 02/28/21 3:56:02 PM #41: | You credit score is meaningless. Credit bureaus / lenders don't look at it. They don't care what it is. Your credit score is essentially haruspicy and it's presented the way it is to make things easy to digest for the average person who doesn't know about about accounting. Your credit score is formulated based on a trail of paperwork that you left behind when you do things like use credit cards or take & pay back loans. When you apply for any kind of new credit or loan, the banks & brokers will look at the paperwork that's used to come up with the number, not the number itself. And I assure you, having paperwork that says "paid off all your bills every month" is not going to be considered a bad thing. --- It says right here in Matthew 16:4 "Jesus doth not need a giant Mecha." https://imgur.com/dQgC4kv ... Copied to Clipboard! |
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