Many people own a credit card but not everyone understands how to leverage it to improve their credit score. A good credit score is crucial for obtaining loans, renting an apartment, and even for certain job opportunities. The utilization ratio, payment history, and length of credit history are some factors that credit cards can influence. Using a credit card wisely means paying off balances in full every month, keeping a low utilization ratio, and not closing old accounts. Moreover, some people wonder if getting a new credit card can either help or hurt their credit score. When should you opt for a new card, and when should you focus on existing accounts? Understanding how credit cards can work to your benefit can improve your financial well-being.
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This looks like more Chat GPT spam.
Yet another worthless post by @sch4479, I recommend ignoring this user, a Ban Hammer cannot be too far in the future for it.
@sch4479So what cards do you have and your FICO scores?