Not exact matches
Build Good Credit History: If you
pay on time and
pay off your balance each
month, you will
demonstrate financial responsibility and build your credit history.
For the transactors, this bill would not be considered a problem as the new data
demonstrate they
paid their credit card
off each
month.
However, like traditional credit cards, you want to
pay your bill
off promptly each
month to
demonstrate to creditors that you're on track in rebuilding your credit.
By using one of these cards and
paying off the balance on time each
month, you will be
demonstrating your ability to use credit well, and in doing so you will improve your credit rating.
But one thing to remember is that most of the people who benefit from Dave Ramsey's advice have already
demonstrated that they aren't disciplined enough to
pay off a credit card balance each
month.