My husband and I recently started using a credit care for day-to-day purchases, and we just pay off the balance at the end of the month. Last month, we paid off the balance a few days before the billing cycle ended. This month, we paid it off on the day the billing cycle ended.
We both check our credit scores periodically through Credit Karma. My husband's score fell 34 points because of the balance that was on the credit card, and my score went up about 8 points. He is the primary cardholder, and I'm an authorized user.
Why did my husband's score drop so drastically? We're new to this method, and I don't really know what to tell him.
Submitted September 09, 2017 at 11:02PM by rsgirl210 http://ift.tt/2eVieEi
