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We are in the beginning stages of looking for a new house and I have a question about credit card usage. We use our credit card for most of our daily purchases, collect the 1% rebate, and pay it off in full each month. But each month our balance is rather substantial. In my mind, I don't perceive this as debt but rather as a way of dealing with cash flow. But when we apply for a mortgage how will this affect us? If we stopped using the credit card for a while would this help us? (The idea of writing checks again is painful!) How long would we have to keep this up?
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