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Does paying your credit card down to a zero balance hurt your credit score?

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Frequent Contributor

Re: Does paying your credit card down to a zero balance hurt your credit score?

I posted on this just last week.

 

My scores went down on TU and EX 12 and 13 points respectively. Since then I have checked my EQ and it is unchanged.

 

http://ficoforums.myfico.com/fico/board/message?board.id=creditcard&message.id=140352#M140352

 

Message Edited by jaysdad2k on 01-25-2009 04:57 PM
"Knowledge is of no value unless you put it into practice."- Anton Chekhov
4/11 TU 743 4/11 EQ 763
Message 11 of 11