credit score question...

[z0mb13]

ok so I have a bank of america checking and savings accounts..

I put most of my money in my ING direct account, and at any given time only have about 1-2k in my checking account, and about zero in my savings (I have to have the savings account so that I dont have to pay a monthly fee)

I pay my rent using cc (and among other things) to get the cash back... so in a month I can have about 2k -3k balance on my cc, but I pay them off completely at the end of the month.

Will credit companies look at this setup negatively? or am I fine?

 

[KK]

you're fine. don't worry bout anything

 

[Legendary]

Should be fine provided the ratio between your balance and your limit isn't too big.

 

[z0mb13]

Originally posted by: Legendary
Should be fine provided the ratio between your balance and your limit isn't too big.

what is a safe ratio?? the limit for that cc is about 5k.. is that too close?

 

[RossMAN]

Originally posted by: z0mb13

Originally posted by: Legendary
Should be fine provided the ratio between your balance and your limit isn't too big.

what is a safe ratio?? the limit for that cc is about 5k.. is that too close?

You're fine as long as you pay your balances in FULL every month.

If you carry a balance I would keep it at 40% or less of your limit.

 

[z0mb13]

Originally posted by: RossMAN

Originally posted by: z0mb13

Originally posted by: Legendary
Should be fine provided the ratio between your balance and your limit isn't too big.

what is a safe ratio?? the limit for that cc is about 5k.. is that too close?

You're fine as long as you pay your balances in FULL every month.

If you carry a balance I would keep it at 40% or less of your limit.

yep I pay my balances in full every month