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Money and Finances
Reply to "A few questions about credit cards"
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[quote=Anonymous][quote=Anonymous]OP here. So, 9:13, what you're saying is that doing the smart thing - paying off you're balance every month - can come back and bite you? How does that even make sense? Is it because lenders want people that will have to pay interest?[/quote] Please don't listen to 9:13. I work in the industry designing risk models. Paying off your balance every month will not come back to bite you. Her lender either didn't know what they were talking about, said something different, or she misunderstood, but either way, paying off your balance every month is not bad.[/quote]
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