ygrey
New Member
Cash: $ 2.05
Posts: 8
Joined: 06 Apr 2016
Location: USA |
Lost 9 points for carrying a balance on a card? |
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I've just checked my credit score through CreditKarma and apparently my score went down 9 points!
The only thing that changed was I started carrying a balance on a credit card (at 20% of total credit now), because the card has 0% APR on balances for a year, and I can use money I would otherwise be using to keep the balance at 0 on things which have interest rates, e.g. student loans.
I haven't gotten any new lines of credit, and I've made all my payments on open lines of credit on time.
Does this sound correct?
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