Credit Card Balance question
I posted this on CB, but was wondering what reponse I would get here.
I read an article a couple of months ago on CNNmoney.com that it is good to carry a balance on your credit card every now and then.
Was that totally out of place?
I was taught growing up to never carry a penny of balance on your credit card. I have never yet carried a balance, chosing to pay it off every month.
What say ye? Thanks.
And why the hell do I get hurt by paying off my balance monthly? I'm damn sure not going to carry a balance so American Express makes an extra $5 from me...not like I don't pay them for my membership already.
Last edited by COUGZ; 05-15-2006 at 10:05 PM.
|