Best Credit Cards To Build Credit
what is the best way to pay on your Credit Cards to build credit?
If i had a credit card with a 500 credit limit and charged $140
is it best to pay the minimun payment on TIME untill the $140 charge is paid in full ….or pay the whole $140 before the due date using bill pay or on the due date ? which way would be the best way to build your credit score ?
One of the factors in determining credit scores is the ratio between how much you owe compared to credit limit. You want to have a high limit with a very low debt because it shows the banks that you know how to budget and won’t go out and spend every dime available. Therefore, it is better to pay off the entire amount every month.
Credit Building Credit Cards – How To Build Credit Score
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