Having just gotten my first credit card in the mail, I was trying to find information on how to best build my credit. I'm just starting my second year of college at a public university in CO. I want to keep my slightly-above-average credit at least above average, and keep my opportunities for finances open.
I've seen two main schools of thought on keeping credit cards:
- Keep around 30% charged to your credit line at all times
- Pay it off entirely every month
Allegedly, they both lead to a good credit build. But which is better? Can someone explain why?
June 15, 2017 at 07:41PM
