Posts: 9,157
Registered: ‎01-28-2010
Re: Having Zero Debt Lowers Your Score by 7 points.


This is clearly a YMMV situation, but in general with revolving credit, carrying a very small balance on one of your credit cards might give a slight FICO score boost.


Carrying a small balance demonstrates active ( and presumably responsible ) use of your revolving credit least that's my interpretation of how FICO might look at it.

March2010 FICO® ~ 695 TU, 653 EQ, 697 EX