Originally posted by cpurser:
In the approx. 10 years I have owned credit cards, I have NEVER carried a balance. IMHO, I have never suffered from this strategy. I have never been denied credit for anything, and I've gotten 2 cars and a house. Plus, I have the satisfaction that I have never given those vampires a cent in interest.
I worked for a credit card company a while ago. I would recommend paying off your cards as often as you can. If you want to keep a balance keep a low one & do not max out your cards and only pay the minimum. That's how people get in debt & can not get out of it. Be smart and
NEVER charge anything on your card unless you have the cash to pay for it.
