Actually, carrying a balance ups your score, assuming you make regular
appropriate payments. Then, you demonstrate the ability to pay outside your
frugal limits.
Bill Pearce
----- Original Message -----
From: "Moose" <olymoose@xxxxxxxxx>
To: <olympus@xxxxxxxxxx>
Sent: Tuesday, November 04, 2008 6:44 PM
Subject: [OM] Re: OT American express
> Andrew Fildes wrote:
>> If you were trying, you'd actually say 'damn'.
>> (Oooo that's sooo naughty!)
>>
> That contradiction was meant as a subtler act than adding a smiley.
>
> Apropos the initial thread subject, I received a notice today of an
> unrequested increase in the limit on one of my cards, not Amex. It is
> one I use a lot, but I doubt if I've ever had a balance of 20% of the
> old limit, usually much less.
>
> I virtually never pay cash when I can use a card, but always pay the
> whole outstanding balance on each statement. I suppose that ups the
> credit score?
>
> Moose
>
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