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    sacramento's Avatar
    sacramento Posts: 163, Reputation: 1
    Junior Member
    		  
    #1

    Jan 18, 2009, 04:26 PM
    Credit cards: to use or not to use!
    I have paid down my credit cards to zero and my inclination is to stick them in a drawer and forget about them! However, it has occurred to me that, if I use them and pay them in full each moth, my credit score might increase! Which was should I go? I would like to increase my credit score prior to refinancing my mortgage. Thanks for your help!
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #2

    Jan 18, 2009, 04:47 PM

    I would continue to use them, maybe pay the balances over 2-3 months, rather than pay them off each month.

    That will do more to help raise your score.
    zawatska's Avatar
    zawatska Posts: 226, Reputation: 12
    Full Member
    		  
    #3

    Jan 18, 2009, 04:53 PM

    Agreed, just as long as you pay them off, and not miss any payments!
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