***When trying to build great credit doe sit matter how much you pay off each month or just if it's on time? For example, say I have a $10,000 Credit Card and I'm looking to improve my credit score. Obviously the KEY is making payments on time. The question is...WILL IT IMPROVE MY SCORE MORE IF IT WAS A LARGER BALANCE BEING PAID OFF EACH MONTH?
I ask because if my credit score will improve a lot more because of paying more on the card, I am thinking about paying rent with it. 700 bucks a month being paid off in full compared to gas at 50 bucks a month.
DOES THIS MAKE SENSE???
HELP!
2007-07-11
09:46:20
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4 answers
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asked by
Anonymous
in
Credit