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Originally Posted by UteStar
That should not hurt your credit. Showing that you have had balances in the past and that you have paid them off and on time, will not hurt you. If you are applying for a loan of any kind and they run a credit check and you are carrying large balances, that will hurt you. But if you are over 50% and you pay it off or you lower it and then a few months later, you apply for a loan, there should be no problem at all.
As I said before, the biggest nicks to a credit report are when you carry too large of balances when they check or you have way too many cards or you have missed payments. Carrying a few thousand dollars worth of debt month to month will most likely not hurt you either if you pay on time and it is not out of whack with what your limits are.
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Just so I understand you correctly...I should leave a balance even of like $50 on my credit card every month? If that is best for my credit...I will do it, but it still doesn't make any sense to me.