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Personal Finances / Credit Cards and Consumer Debt

URL:  http://boards.fool.com/correct-carrying-a-balance-month-to-month-on-a-30527586.aspx

Subject:  Re: The Power Of Compounding Date:  2/6/2013  11:21 AM
Author:  llamalluv Number:  306767 of 308847

Correct. Carrying a balance month to month on a credit card will not improve your score, and it might possibly harm your score.

http://www.huffingtonpost.com/creditcom/credit-card-balance_...

http://www.nasdaq.com/personal-finance/credit-cards-credit-r...

http://money.msn.com/saving-money-tips/post.aspx?post=c66f35...

http://www.creditcards.com/credit-card-news/tanisha-warner-c...

What does affect your credit score:

http://www.federalreserve.gov/creditreports/#credit_score
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