How much more than a minimum pmt do they want to see?

[Anonymous]

Just pay in full when the statement arrives. Why pay huge interest fees to keep a balance running? You will lose a lot of money this way. Keep utilization under 10% if you're trying to get a loan soon. If you need to go over 10%, just use a debit card or cash so it won't affect your credit utilization.

[OMW2_HighAcheiver]

There's nothing at all wrong with PIF, however, a little interest has never killed anyone. PIF, great! Paying more than the minimum monthly....is pretty great too....

As they say in this forum, "YMMV", or whatever it is. OP should do whatever they please. Whatever makes them feel good.

I'VE come to the conclusion, "It's ok as long as I do what's right for me and as long as that right gets me where I need to be."

It's great I have access to awesome information here. I've learned a lot and am grateful. BUT! What one person does/says, I shouldn't easily follow suit. There's much greater suffices in our lives besides PIF or paying a minimum payment.

OP, don't get sucked into the varying opinions here. Do what feels good for you! Again, great luck with YOUR journey......

[NichelleN]

Over the next few months my utilization will be higher than normal. But I've decided not to worry too much about it. I have long interest free periods on multiple cards now (Discover, Quicksilver, etc) so I'm good with it. I am not applying for new credit for at least a year so I'll just be paying balances and enjoying life. I will still pay more than the minimums but that is because I am in a position to do so. Given the choice, I will always do that as I just feel better with low balances.