Originally posted by LancasterSVT:
i'd pay it off. I personally hate carrying over monthly balances. In fact, i've never done it once... on any of my cards. I'm 21 /w 4 credit cards... had 2 of them since i turned 16. I was told by my insurance agent that my credit score was over 800.

I mean i did have car payments, but I would have to think that paying off cards attributes something to a credit score.



with a beacon score of 800 which 920 is perfect you can get about anything you want even if you cant afford it. at 21 you could go and get a $500,000 house and a $80,000 car in the same day. getting a beacon of 800 unfortunatly takes years and years of building credit and unfortunatly you cannot even get a credit card till you are 18 by law unless you are imancipated. i am not meaning to flame you but your insurance agent lied to you dude. i know people with 2 houses and a few cars and has never ever been late on a bill before in thier life that are my age 28 and thier beacon is only like 700-750