Tilted Forum Project Discussion Community - View Single Post

Zar · 06-28-2006, 10:57 PM

Regarding NoSoup's post.

The only credit card I have (or have ever had) is a Capital One card, for about 4 years now (I'm 22). I've paid it off in full for every single month. In fact, they've recently upgraded me to their "platinum" package in which I receive points for every dollar I spend using the credit card which I can then use to get miscellaneous crap. If I've paid my balance off every month, will having a Capital One card hurt my credit? And, for hypothetical reasons, if I carried a balance of say, 30 dollars for a month (when my limit on the card is 5000), will that hurt my credit?

Thanks.

06-28-2006, 10:57 PM	#14 (permalink)
Zar Tilted Location: St. Louis	Regarding NoSoup's post. The only credit card I have (or have ever had) is a Capital One card, for about 4 years now (I'm 22). I've paid it off in full for every single month. In fact, they've recently upgraded me to their "platinum" package in which I receive points for every dollar I spend using the credit card which I can then use to get miscellaneous crap. If I've paid my balance off every month, will having a Capital One card hurt my credit? And, for hypothetical reasons, if I carried a balance of say, 30 dollars for a month (when my limit on the card is 5000), will that hurt my credit? Thanks.