Why are we encouraged to charge everything to a credit card but get penalized for high credit utilization? Submitted by New-Row7111 t3_126c8kc on March 30, 2023 at 5:00 AM in personalfinance 69 comments 18
ahj3939 t1_jear0h3 wrote on March 30, 2023 at 5:30 PM You need to keep balance low and ask for credit limit increase periodically. You can also just pay off the balance early, Most banks only report your statement balance once a month. Permalink 1
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