Are You A Fool For Paying Your Credit Card In Full

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Episode
352 of 1330
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20M
Sprog
Engelsk
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Kategori
Økonomi & Business

This episode was inspired by a listener question sent in by Dezmond. He and his father had a bit of a disagreement over whether you should pay your credit card off in full each month or leave a balance to build a strong credit score. I'm so happy to answer this question definitively - no, you're not a fool to pay off that card each month.

On This Podcast Episode:

Let's review the five factors that influence your credit score

I'm explaining why you don't need to keep a credit card balance

So what do you do if you can't pay that card off in full each month

How does not using your credit card actually hurt your credit score

Thanks for Tuning In: Thanks for tuning in to listen to this episode of Millennial Money. Every listen means so much to us. If you’ve enjoyed this episode, please share it on social media using the hashtag #millennialmoneypodcast. Also, please leave an honest review for Millennial Money on iTunes! Ratings and reviews are extremely helpful and much appreciated! You’re awesome!

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Disclosure: The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. There is no assurance that the techniques and strategies discussed are suitable for all listeners or will yield positive outcomes. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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