Credit Card Balance question - cougarguard.com — unofficial BYU Cougars / LDS sports, football, basketball forum and message board

COUGZ · 05-15-2006, 09:57 PM

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.

05-15-2006, 09:57 PM	#1
COUGZ Junior Member Join Date: May 2006 Location: Provo Posts: 26	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.