There is a common misconception that carrying a balance on your credit card from month to month can benefit your credit scores, but that is NOT TRUE.

Ideally, you should pay off your credit card in full every month.

Carrying a balance will not help your credit scores. All it will do is cost you money in the form of interest, and probably hurt your scores in the process.

Building your credit to buy a house? Reach us anytime for REAL ESTATE in the OCEAN STATE.

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