Are you worried about whether you should carry a balance on your credit card? How about whether you should get another credit card if you’re carrying a balance? Here are some common questions people have about credit cards…

Is it a good idea to carry a balance?  You should never pay a credit card interest rate if you don’t have to. Your credit score will be just as strong without a balance on your card as it would be with one.

Should I try to get another credit card after ruining my credit? Before going out to get another credit card, make sure you can really handle it.

Does FICO determine what a good or bad score is? FICO doesn’t mention what constitutes a good or bad credit score. They only calculate it. Lenders have set the mark for that.

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