You don't have to carry a balance to have good credit scores. Paying your credit card in full each month is the ideal scenario because it is going to keep your utilization rate, or balance-to-limit ratio, low.
Keeping balances low and making your payments on-time each month will help you build a positive credit history.
Check out the scope to hear answers to all the questions asked:
Do you have questions about credit?
Join our live video chat every Tuesday and Thursday at 2:30 p.m. ET on Periscope. Rod Griffin, Director of Public Education at Experian, is available to answer your questions live.
Scoped on: 07/19/2016