Birdwatch Note Rating
2023-04-08 02:50:45 UTC - HELPFUL
Rated by Participant: 31D974E0E85C57EB62AB5B04CBB1F0A0D429765E2487479931C38A36ABB2E345
Participant Details
Original Note:
This statement is false. Carrying a balance on a credit card to improve your credit score has been proven as a myth. The CFPB says that paying off your credit cards in full each month is the best way to improve your credit score https://www.forbes.com/advisor/credit-cards/carrying-credit-card-balance-hurt-credit-score/#:~:text=Carrying%20a%20balance%20on%20a%20credit%20card%20to%20improve%20your,credit%20for%20the%20long%20haul.
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