How will carrying a credit card balance affect my credit score?
Written by Credit Answers on June 7th, 2009
asiankid3 asked:
I currently have excellent credit (high 700’s). I have always paid my CC balance at the end of the month; however, for the next few months, I will need to carry a balance due to educational and moving expenses. I fully intend to pay off the balance in a couple of months. Will this hurt my credit score? If so, how long will it take to bring it back to its current standing.
