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June 6, 2026

Debunking the Myth of Credit Card Balance for Credit Scores

Democracy Dies in Darkness

Some credit card holders mistakenly believe that maintaining a balance and paying interest is necessary for a good credit score. This misconception is stubborn, like a persistent bug in personal finance.

Experts have long emphasized that carrying a balance is not needed for establishing or preserving an excellent credit score. This incorrect notion continues to linger, despite numerous efforts to correct it.

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