What will happen to my credit rating if I use my credit card like a charge card?
Knowledge Seeker asked:
Since I started using my Visa/MasterCard credit cards, I’ve always treated them like charge cards (paying them off in full each month) to avoid the interest unless its absolutely necessary to maintain a balance. Some people say that this can have a negative effect on ones credit rating? Is this true?
Steve
Since I started using my Visa/MasterCard credit cards, I’ve always treated them like charge cards (paying them off in full each month) to avoid the interest unless its absolutely necessary to maintain a balance. Some people say that this can have a negative effect on ones credit rating? Is this true?
Steve
