paparoach429 wrote:Not if your paying it off every month.. If your putting it on your Amex and paying it off monthly you obviously have the funds to do so, so paying the same on a revolver wouldn't make a difference.
Because payments on revolving credit is either not reported, or reported inaccurately (very often just as the minimum payment that was required) , it's hard for a lender to tell what is balance spanning multiple months, and what's paid off every month. Some lenders don't want to see balances, and the fico models score them rather negatively. Some lenders like to see some balances, because that means you use the accounts, some also like customers who carry balances and pay interest.
The score obsessed pay their credit cards before the statement posts, largely for this reason.