I have some questions about how the 35% of payment history work. I understand that late payment will bring that score down, but what if i carry the balance for a few months and the minimum payment is always on time, does it bring down my payment history score? If so, how long it takes to bring it back.
If carrying some balance over a few months with on time minimum payment only affect my utilization score, then will the utilization score get fully recovered once I pay down all the balance? If not, how long it takes to get the score back?
Thanks in advance.
After years of spending cash, I wanna build some credit