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New blog article: Myth Busting– You Don't Need to Carry Credit Card Balances to Improve Your FICO Sc

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Elizabeth_FICO
myFICO Employee

New blog article: Myth Busting– You Don't Need to Carry Credit Card Balances to Improve Your FICO Sc

Hello everyone! If there's a new blog article that I think you guys might like I plan on posting it in the Forums.

 

This week's article is: Myth Busting– You Don't Need to Carry Credit Card Balances to Improve Your FICO Scores

 

Let me know what you think about the article.

 

For more content don't forget to check out our blog.

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1 REPLY 1
SweetCreditObsession
Valued Contributor

Re: New blog article: Myth Busting– You Don't Need to Carry Credit Card Balances to Improve Your FIC

@Elizabeth_FICO - I liked this article. I know several people who believed this myth. I appreciate how the author explained what's likely caused credit card users to believe this.

 

I also liked the guidance on how to avoid having a balance reported - it was explained in a simple, easy to understand manner.

 

This information is practical and it would be nice if all first time credit card holders could read it.



(+102) | (+106) | (+151)
| TU Fico 9: ? | Exp Fico 9: ? | EQ Fico 9: ?| EQ Fico 8 Bankcard: TBA

Initial Goal: Min. 740 w/all CRAs - Met
Interim Goal: 780 w/all CRAs - Met
Current Goal(s): Min. 800 w/all CRAs
Gardening Until: ??/??/202?| Last App: 10/20/2023





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