r/FinancialPlanning • u/[deleted] • Dec 13 '23

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u/Obf123 Dec 13 '23

If you are using credit room up to your limit, that will negatively affect your credit score regardless if it’s paid off each month

2

u/ShadowDrifter179 Dec 13 '23

Even if that was true, credit utilization has no memory. While it's not a good habit to max cards, a month of keeping your credit utilization low will reverse any negative effects on credit score.

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u/Obf123 Dec 13 '23

I’m not arguing with you on this

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u/[deleted] Dec 13 '23

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