How do you build your credit with a credit card?
Is it done by completely paying off your balance to $ 0 each month?
Or is it done by paying the minimum every month?
the credit line on my credit card (visa) is 700 and i owe about 500-600. and i have been constantly paying the minimum every month, but everyone tells me that if i owe a lot of money and barely pay the minimum, i am making my credit go down. I dont understand how it works. Can anyone explain?