My boyfriend is trying to build credit so he got a credit card and a small loan from his bank. He said the Loan Officer had told him to NOT fully pay off the credit card bill but instead to keep some of it not payed off so "it gets reported to the credit companies." The Loan Officer said this would help build credit faster. Is this true? I always pay off my credit card bill in full and have a great credit score. I just think this is odd. Is this true?
Submitted July 15, 2017 at 10:27AM by hlaiie http://ift.tt/2tV4Vsf