DF 076: The Lower The Balance The Better Your Score.
Mar 17, 2019 ·
1m 17s
The Lower The Balance The Better Your Score. Credit Card companies what you to keep a balance on your credit cards, that’s how they make money. If you are at...
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The Lower The Balance The Better Your Score.
Credit Card companies what you to keep a balance on your credit cards, that’s how they make money. If you are at a stage in your life where you are trying to build credit, keeping a balance due to less than 30% of your credit limit will raise your credit score. If your goal is debt freedom then zero due is your goal.
Daily Focus: Identify what stage of life you are at; need to build/repair credit or looking to become debt free.
Learn - Plan - Act - Succeed
Join Our Growing Community:
- FaceBook & Twitter Page: @BNFocusToday
- Facebook Group: Money Mastery
- Instagram: @MoneyMasteryLife
Visit us at www.moneymasterylife.com
show less
Credit Card companies what you to keep a balance on your credit cards, that’s how they make money. If you are at a stage in your life where you are trying to build credit, keeping a balance due to less than 30% of your credit limit will raise your credit score. If your goal is debt freedom then zero due is your goal.
Daily Focus: Identify what stage of life you are at; need to build/repair credit or looking to become debt free.
Learn - Plan - Act - Succeed
Join Our Growing Community:
- FaceBook & Twitter Page: @BNFocusToday
- Facebook Group: Money Mastery
- Instagram: @MoneyMasteryLife
Visit us at www.moneymasterylife.com
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