Discover what a zero balance card is and learn how it can benefit your credit score by reducing debt and managing your credit ...

Discover what a credit card balance includes, how it's calculated, and its impact on your credit score. Learn more about ...

Leaving a tiny balance on a credit card can feel harmless, even strategic, especially when life is busy and the statement due ...

Negative entries like late payments and charge-offs stay on your credit report for seven years - this is what's known as the "seven-year rule." ...

A small unpaid balance can trigger interest charges, score shifts, and reporting issues even if you pay your bill on time.

Carrying a balance on your credit card past your grace period means that you’ll start accruing interest on that balance, which will continue to grow until you pay it off completely. If this is the ...

Also keep in mind that there are many different credit scoring formulas in use today, so you don’t have just one credit score: you have dozens. FICO and VantageScore are the two main providers, but ...

If Rs 60,000 sits on a Rs 2 lakh limit, your utilisation is around 30 percent — healthy and unlikely to cause score damage.

Closing your oldest credit card can trigger a drop in your credit score for reasons most people never see coming.

There are reports all over the internet that insist 30% or 50% are the “target” percentages in order to achieve great scores.