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| Topic | Great Freakonomics episodes on the basics of personal finance and investing |
| CapnMuffin 09/06/17 11:32:33 AM #42: | For credit cards (and credit score) what matters is: - Number of cards (Factor in below) - Total accessible balance (Amount available) - Utilization (how much of that accessible are you using) - Length of history (how old are the cards) - Payment history (on time? 30 days late? 60 days late? Etc) So a good rule of thumb is to have a few cards with the maximum line amount they will allow you (call and request an increase after a year). Use them. Pay on time. Don't carry a balance more than 30% of what is available. *Disclosure: Not a credit advisor, but I do work in the financial industry. --- "its okay a lizard ate me and elucidated my fate" - MJ_Max on Dark Souls 3DSFC : 0860-3930-2170 | NNID : CapnMuffin | XBGT : Capn Muffin ... Copied to Clipboard! |
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