{"id":344,"date":"2018-11-12T11:35:45","date_gmt":"2018-11-12T11:35:45","guid":{"rendered":"https:\/\/blog3.indifi.com\/?p=344"},"modified":"2019-08-09T13:10:21","modified_gmt":"2019-08-09T13:10:21","slug":"boost-credit-score-with-credit-balance","status":"publish","type":"post","link":"https:\/\/www.indifi.com\/blog\/boost-credit-score-with-credit-balance\/","title":{"rendered":"Is It True That You Can Boost Your Credit Score By Having A Credit Balance? Find Out Now."},"content":{"rendered":"\n
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Boost your Credit Score by having a Credit Balance<\/em><\/figcaption><\/figure><\/div>\n\n\n\n

The internet is indeed an ingenious invention and it has made our lives significantly better in unimaginable ways. Yet, it comes with a few drawbacks. It\u2019s the birthplace of urban myths, false speculation, and blatant lies.<\/p>\n\n\n\n

Here, in this post, we rip open the truth behind one such urban myth\u200a\u2014\u200athat a balance on your credit card improves your credit score.<\/p>\n\n\n\n

According to a recent report, one in five credit card user falsely believes that they can boost their credit score by having a balance on their credit cards.<\/p>\n\n\n\n

Well, the short answer is No. and here\u2019s why:<\/em><\/p>\n\n\n\n

Your credit card balance is the amount you owe your credit card company. Apart from that, the balance also has an impact on your credit scores and ratings.<\/p>\n\n\n\n

Collateral Free Finance<\/a><\/div>\n\n\n\n
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