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Reply to "Nanny card tanking my credit "
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[quote=Anonymous]PP here. Are you also sure that they don’t use the cards exclusively and pay off the balances every month? If the balance is reported at the end of the month as $35k and they pay it in full, then rack up another $35k the next month, it will have the same effect as leaving a $35k balance. However, in the first scenario, the family has money to cover the debts (which is not true of the second scenario).[/quote]
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