DF 076: The Lower The Balance The Better Your Score.

DF 076: The Lower The Balance The Better Your Score.

0 0 3 mesi fa
The Lower The Balance The Better Your Score.
Credit Card companies what you to keep a balance on your credit cards, that’s how they make money. If you are at a stage in your life where you are trying to build credit, keeping a balance due to less than 30% of your credit limit will raise your credit score. If your goal is debt freedom then zero due is your goal.
Daily Focus: Identify what stage of life you are at; need to build/repair credit or looking to become debt free.
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