- Centurion Member
- Posts: 321
- Joined: Mon Jan 02, 2012 1:21 am
- Location: Denver
You are better off having a low credit utilization with no balances. It is wise to have some accounts to show creditors how you pay your bills, but an account only needs to be open and have activity on it to report. Everything is all computerized, and the only time an actual person looks at your credit file is when something in the profile needs review.
Leaving a balance will not increase your score. And after you are above 800 who really cares if it goes up or down a few points. Your credit score is like your report card. You can have all A's that semester, but your overall GPA could still be really crappy. And unless you are applying to a higher education, your GPA is meaningless. Just like if you aren't applying for an auto loan or mortgage, then your credit score is meaningless.
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