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re: Will be totally debt free in about three weeks. Where to put extra $?
Posted on 1/8/13 at 10:07 am to htownjeep
Posted on 1/8/13 at 10:07 am to htownjeep
quote:
I have heard I should keep very small balances on credit cards and use them once a month just to show activity. Is that true?
I'm not sure how true it is, but I've heard it's good to leave them open if you're planning on getting a mortgage, even if you don't have a balance or use them.
I have 1 card open that hasn't been used in 2 years, and I haven't had a loan in almost 3, my credit score hasn't dropped a single point.
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