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c/credit-advice•ruby_jonesruby_jones•2h ago

TIL carrying a balance on my card actually hurts my credit score

I always thought keeping a small balance month to month looked responsible to the credit bureaus. Then I read an article on NerdWallet that said carrying any balance past your due date just racks up interest and does nothing for your score. Paying in full before the statement even closes keeps my utilization low and saves me $12 a month in fees. Has anyone else been taught that old myth about carrying a balance?
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