is it better to have a LITTLe balance on a credit ... - myFICO® Forums - 417574

myFICO® Forums

Get Access Now

I was wondering, is it better to have a small balance on a credit card or 0. They figure the score on the lower the better...but is 0 not a good thing? thanks

Message 1 of 2

1 REPLY 1

It's better to leave a small balance (1-9%) on one card and $0 on the others. If $0, then FICO thinks that you are afraid of your credit and ding you for it.

Elan Visa Business Cash Preferred | $50K 3/2024

AmEx Business Blue Cash | $30K 12/2021

FNBO Evergreen | $25K 11/2021

AmEx HiltonHonors Surpass | $25K 6/2022

Chase Freedom Unlimited | $20K 11/2021

Chase Freedom Flex | $20K 4/2022

Chase Marriott Bonvoy Boundless | $20K 3/2024

SW Priority Card | $17K 3/2019

Chase Southwest Performance Business | $17K 11/2022

Discover IT Card | $16K 7/2020

Barclays Arrival World MasterCard | $12.7K (SD) 3/2016

AmEx EveryDay Preferred | $5.9K 3/2019

Capital One Venture One Card | $5.1K (SD) 12/2007

Chase Ink Business Unlimited | $5K 12/2021

AmEx Blue Cash Preferred | apping Not sure when

2023 Genesis GV80

Starting Score: 469
Current Score: 846
Goal Score: 850
Take the myFICO Fitness Challenge

Message 2 of 2