I am often asked about how credit card debt effects credit scores. You would be surprised how paying down your credit card debt can raise scores significantly. If we allow our balance to get to 50% of our credit limit, it effects our scores negatively even though we are paying them on time. If we can pay it down below 50% we will get an immedfiate score increase. If we can pay it down below 35% we get another score increase. If we can pay the balance down to zero we get our maximum score increase. It has been suggested by many professionals that keeping the balance at $10 is better than zero.
Many people find themselves in credit card debt. There is a way out. You have to develop a plan to get out of debt and work that plan faithfully. One suggestion is to use the "Snow Ball" plan where you pay of the lowest balance and work your way up to freedom. Another suggestion, don't use your cards every month. Make a small purchase every other month and pay it off in a few days. Don't wait for the bill to come. You are showing activity on the account but keeping the balance at zero.