> Carrying balances is a positive thing if you pay on time every month.
This is absolutely never true.
Paying off a card every month is not "carrying a balance". Not paying off a card every month results in paying 15%+ rates in interest on the balance carried and actively lowers your credit score as long as you do it.
If you are carrying balances in the belief that it is a sound financial decision: stop immediately and take a moment to learn more before you make other poor financial decisions.
This is absolutely never true.
Paying off a card every month is not "carrying a balance". Not paying off a card every month results in paying 15%+ rates in interest on the balance carried and actively lowers your credit score as long as you do it.
If you are carrying balances in the belief that it is a sound financial decision: stop immediately and take a moment to learn more before you make other poor financial decisions.