LogFAQs > #886122779

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Topic	Great Freakonomics episodes on the basics of personal finance and investing
Twin3Turbo 09/06/17 10:59:24 AM #39:	That_Happened posted... The Admiral posted... 2. Pay your credit card balance in full every month. I was told that if you want to raise your credit score you shouldn't pay it in full, but rather keep a balance on the card and pay it regularly. Is this true? I can tell you from personal experience that paying it off in full will still increase your credit score. I've paid mine off in full every month ever since I've had a credit card (basically my entire adult life) and my credit score has been above 800 for a long time --- https://imgflip.com/gif/di4a4 <cite>Twin3Turbo posted [p:886122779] in Great Frea... [t:75745168]...</cite> <quote><cite>That_Happened posted...</cite> <quote><cite>The Admiral posted...</cite> <quote>2. Pay your credit card balance in full every month. </quote> I was told that if you want to raise your credit score you shouldn't pay it in full, but rather keep a balance on the card and pay it regularly. Is this true?</quote> I can tell you from personal experience that paying it off in full will still increase your credit score. I've paid mine off in full every month ever since I've had a credit card (basically my entire adult life) and my credit score has been above 800 for a long time --- https://imgflip.com/gif/di4a4</quote> ... Copied to Clipboard!
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