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Is it true that if you don't carry a balance, you aren't building any credit rating?
For instance, if I charge $150 every month, and pay it off entirely every month, does that mean I won't build any credit rating as a result.
I was told that if I don't carry a balance (even if it's a small one), I won't build a credit rating, and was advised to "pay down" so that my balance is lower, but still not $0, so that I carry a little into the next month.
Is this sound advice, or no?
Thanks!
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