Does payment amount make a difference on your credit rating?
I have a credit card I’m fairly close to paying off. However, I hear all the time that it’s a great idea to leave a balance on there and pay interest to increase your credit score.
Does the amount of interest make all that much a difference? Would paying $10 a month give me the same boost as paying $100? Or would I be better off in general just closing out the damn thing?
This question is in the General Section. Responses must be helpful and on-topic.