agp wrote:What does managing one's credit lines mean? Paying off all the balances on time?
namvet wrote:No you don't have to pay off all the balances but as mentioned you do have to pay at least the minimum on time. You also have to control the amounts being charged and not max out your credit lines. Also pay attention to cards with no activity and make sure you use them every now and then to keep them from being closed due to no activity. Cards with annual fees should be reviewed and kept to a minimum. Starter cards that have high interest rates and no room for growth should be closed once you have a great credit score.