Keep Your 800 Credit Score With No Debt

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One of the myths of having a good credit score is that you must carry a balance on your debt every month. This is not true. You’ll learn more about how we continue to maintain an 800 credit score despite being completely debt-free for two years if you read on.

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How We Built an 800 Credit Score

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My next step was to open a credit card at my bank. Once I had established some credit, my bank was willing to give me a card with a $500 limit. I used this card exclusively for buying gas for my car for about two or three years.

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We were paying all kinds of bills to pay back our debt. Creditors loved us because we had a lot of debt and were good at paying it back. Going into debt for the sole purpose of building a credit score is foolish.

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How We Maintain an 800 Credit Score

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We’ve done this by continuing to use our credit cards and paying them off at the end of every month. This allows us to avoid revolving debt while maintaining our high credit scores.

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Keep Your 800 Credit Score With No Debt

One of the myths of having a good credit score is that you must carry a balance on your debt every month. This is not true. You’ll learn more about how we continue to maintain an 800 credit score despite being completely debt-free for two years if you read on.

How We Built an 800 Credit Score

How We Built an 800 Credit Score

My next step was to open a credit card at my bank. Once I had established some credit, my bank was willing to give me a card with a $500 limit. I used this card exclusively for buying gas for my car for about two or three years.

We were paying all kinds of bills to pay back our debt. Creditors loved us because we had a lot of debt and were good at paying it back. Going into debt for the sole purpose of building a credit score is foolish.

How We Maintain an 800 Credit Score

How We Maintain an 800 Credit Score

We’ve done this by continuing to use our credit cards and paying them off at the end of every month. This allows us to avoid revolving debt while maintaining our high credit scores.

Swipe up for more information about Keep Your 800 Credit Score With No Debt!

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