?'s about credit

[hemi]

i don't think it matters how much u charge as long as u don't go over ur credit limit. also, make full payments if u can, the less balance u have on an acct, the more it shows that u are responsible w/money and can always afford to actually spend what u HAVE.

Not true. Reason being....

If you go to apply for credit somewhere they pull your credit. Depending on your creditors reporting policy, your report may still show a huge balance. Even though you paid it off, they have yet to tell Equifax that it's paid off...

edit: SHIT, I can't believe that I wasted post # 1000 on this! I wanted to make my first attn thread...

[ShooterMcGavin]

Not true. Reason being....

If you go to apply for credit somewhere they pull your credit. Depending on your creditors reporting policy, your report may still show a huge balance. Even though you paid it off, they have yet to tell Equifax that it's paid off...

edit: SHIT, I can't believe that I wasted post # 1000 on this! I wanted to make my first attn thread...

yeah but the thing is, when ur credit gets pulled, it doesn't just show ur current balance, it shows ur entire payment history month by month (assuming it was reported) so even a large amt outstanding wouldn't necessarily be a cause for concern if u are 100% on paying all ur previous month's bills.