Credit Repair/Low APR Cards


1. Is it okay to carry a balance on a 0% APR card during its intro period as long as you pay the balance before the promotion ends to avoid paying interest (even if you have the means to pay it off in full every month)? It seems like this is a benefit of the low APR otherwise what's the difference between it and another card with a higher APR?

2. Does it appear to lenders that you are not able to manage money if you do this?


I personally think that maxing out a 0% interest credit card on a short term basis is not a bad way to borrow money. It will lower your FICO score because it increases your credit utilization. This is the ratio of the balance to the credit limit. The higher this ratio goes then the lower your credit score goes.

When you pay off the card then the FICO score will recover and be higher again.

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Chris Ebert


I can answer questions for Texas residents concerning issues that involve creditor and debtor rights. Specifically, I can answer questions concerning: FDCPA, FACTA, FCRA, and Texas state collections violations. Further I can guide consumers as how to repair their own credit with out the need for hiring a credit repair company.


For the last 10 years I have worked as a Sr. Paralegal in a law firm ( that defends debtors against their creditors. I have reviewed thousands of credit reports and under the supervision of our attorney helped thousands of clients resolve their credit issues.

The Ramos Law Firm

University of Texas at Austin

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