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This common credit score myth could hurt your score, says FICO expert - TL;DR CNBC

This common credit score myth could hurt your score, says FICO expert

Publishing timestamp: 2024-08-16 09:00:01


Summary

Carrying a balance on your credit card each month does not help improve your credit score, in fact, it can harm it. It's important to pay your bills on time, keep your balances low, and not apply for too much credit too often to improve your credit score over time.


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Keywords: credit score,  credit cards,  tommy lee,  personal finance,  lendingtree inc,  credit card debt, 

Source: https://www.cnbc.com/2024/08/16/fico-expert-shares-top-credit-score-myth.html


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