Has the way you been using your credit cards put a hurting on your credit score?

Not sure about you, but if this is true…I have been wrong this whole time! Apparently having an owing balance on your credit card and making payments does not help you credit score go up! Since day one of having the old plastic card, I was under the influence that by owing money and making payments on time showed that you are good at handling credit and that it would help make your score go up! 


According to CreditCards.com 20% of people feel the same way, and we are all wrong! This study says that owing money on a card can only hurt your credit rating, and the way to make it go up is to own multiple credit cards…But never use them! Once you exceed 30% of your limit…The score starts to go down fyi.