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re: % of Credit limit to use each month?
Posted on 5/26/11 at 3:14 pm to geauxtigers12
Posted on 5/26/11 at 3:14 pm to geauxtigers12
It sounds like an arbitrary rule of thumb someone like Suze Orman or whatshisname made up and every one parrots. I don't think it makes a difference.
1
Posted on 5/26/11 at 3:20 pm to kfizzle85
quote:
I don't think it makes a difference.
It does make a difference for credit agencies. I got a few minor deductions for this on my last report. Seems kinda wierd that you would get a hit if you pay it off every month, but...
This post was edited on 5/26/11 at 3:21 pm
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