They spend more money than they have readily available in their pockets. That is where credit cards come into play. If the credit scores aren’t looking too great, it may be a good idea to tuck the cards away (Detweiler 2015.) If the cards aren’t being used, it can lower the statement balance and in return point the credit scores in the right direction (Wang, Palmer 2015.) Although, if the cards have been sitting in the old dresser drawer too long, the cards can be having an adverse effect and be hurting credit scores instead of improving them. Now comes to horrifying fact that some people have done everything they know to improve the scores, but how about paying off the …show more content…
Some people like to pay two payments a month, the first right before the payment is to be sent out, and the other right before due date to lower the interest and avoid a late fee. (Lazar 2015.) When it comes around to putting the credit score to use, and borrowing money, banks like to see under 20% to assure responsible borrowing. When everything else is in order, there is only one thing left to