Quote History Quoted:
I dont buy in to all these debt to credit ratio's and being picky with how you do things.
I got my first credit card when I was in college. I used it for everything, gas, groceries, books.
I paid it off in full every week when everything posted.
I still do the same thing today.
It became force of habbit. I dont spend money I dont have and I pay off everything in full every week.
Some people say that's over the top but my credit score is 847 so I must be doing something right.
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there is certainly a debt to credit ratio which affects your credit score.
Many of the ideas posed in this thread on how to be picky and game it are complete fucking nonsense. You want low utilization, lot's of old open accounts with very low balance, no late payments. Do that alone and your credit score will be just fine.
The only time that score really matters is when you want a loan for a home or business or something where taking debt with collateral assets actually makes sense. for those the difference between a 750 and an 850 or something isn't even enough to worry about.