If you are looking to build your credit, keep a balance for a month or two - gosh, what the heck does it cost you?And for those unable to pay the whole amount - This is not true now, and it was not true in the past. It is absolutely not necessary to carry a balance and pay interest to build your credit. All that gets reported to the credit agencies is your balance at the point in time that the credit card is reporting your info to the agency. Nowhere does it say that you are or are not paying the balance in full, and it is foolish to carry a balance to build a credit rating.To build a credit rating, you just need to use the card, but you can (and I'd argue should) most certainly pay it off every month.I've never paid a penny in credit card interest, and have stellar credit.
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