@Anonymous wrote:
Greetings,
Like the title states...what are you guys opinion? I got my new Amazon Store Prime Card ($5,000) SL. I get 5% on all purchases using Prime. They have a high APR, so I plan to PIF to avoid the interest charges; but last time I had no balance it hurt my credit score bad. So do I go ahead and leave a little balance and eat the small interest charge? or will paying PIF hurt my overall credit score over time? What are your thoughts and advice. Thanks in advance.
Interest charges will eat a hole in your wallet and hurt your overall net worth over time. I PIF on the due date, my cards always reflect balances, and my credit scores are fine.
