4 ms·
Well, making minimum payments has a negative impact because then you're carrying a debt which eats into your debt vs ability to borrow ratio which does have a b
by meowster 2y ago
Well, making minimum payments has a negative impact because then you're carrying a debt which eats into your debt vs ability to borrow ratio which does have a big impact.
Paying off cards in full each month is the absolute best thing to do for your credit score (and saving money by not paying interest).
- epgui 2y ago> making minimum payments has a negative impact because then you're carrying a debt I think it would depend on your credit utilization %. If your credit utilization is too low, it may hurt your score. Of course if your credit utilization % is too high then it's an (even worse) issue. But who really knows? It's not like we have the formula.