Will my credit score hurt if I only spend few percent of my card's credit line?

Question

hi everyone, I have a credit card with $3500 credit line, but I only spend $50-$150 every month on this card. Will tjis hurt my credit score? can someone help me please. thanks

Ps: I am a student and I don't have a part job now, so spend more will is not the best way

Answer 1

You're actually doing the right thing. You hurt your score if your balance is over 30% of the credit limit. Also, you are keeping your spending well within your means. That's the most important thing of all.

Answer 2

You should payback at least the limited money of your loan.The limited is according to your card.If your payback isn't enough your socer will be hurt.

Have a look at this article , it will be helpful for  you

http://www.apply-best-credit-card.com/ho...

Answer 3

You are actually IMPROVING your credit score by only spending a small portion of your credit line.  Buy paying on time, you will establish a good credit history.  Many credit cared allow you to set up on-line payments, and to have automatic minimum payment deducted from your bank account.  Having the automatic minimum payment plan guarantees that you will not be late.  However, it it best to go ahead and pay the card in full each month.

You are showing excellent financial responsibility and planning.  Good job!

Answer 4

Good job - sounds like you are using credit wisely.  No, this will not hurt your score.