credit scores: Insider Tips From A Credit Expert on Best Use of Credit Crads
- 02/02/11 07:24 AM
We are frequently asked how customers can maximize their credit scores while using credit cards. Here are some a few rules of thumb: Charge less than 30% of the credit limit Credit cards only report once a month and will report depending on when a billing cycle ends Carrying a balance and paying interest will not increase a score You only need to charge $1.00 per month to generate credit reporting activity