Credit question? I have 5 credit cards to build my credit, I recently

I have 5 credit cards to build my credit, I recently compensated one department store credit card off and paid down the balance on all of them of more than half. I hear you are not supposed to pay them off completly if your trying to show lenders your responsible?
any suggestions?

To build a good credit rating you must prove that you are financially responsible. Regardless of how many credit cards you hold or how many loans you owe, ALWAYS pay the minimum monthly due or more prompt. Never be late on any payment. Also, do not cause too many extravagant purchases. Basically, use your cards in moderation. Do not be excessive.

That is excellent and try to keep them that way (a) adjectives times. Im sure your credit is good

keep up the honest work

Answer:
Sounds close to you are on the right track, and this will increase your credit score based upon your statement of the situation, from your artistic situation, if what you have stated is accurate. You have a honest mix; only a mortgage history would help. It's not paying them rotten completely that's a factor, if you are continuing to use credit. You could pay them off monthly. It's the situation where on earth you payoff your creditors, then don't have a harmonize for a long period of time where it comes into play. The press is are you trying to pay off debt or of late trying to have a good credit chalk up. It's not a contest...........LOL

Good Job, Taking watchfulness of your credit is one of the best things you can do now days...

OK, 5 credit cars and 1 car loan is adjectives you need to have a righteous credit, remember 35% of your FICO (credit) is based on Payment History, (so pay in good time :) 30 % is based on amounts owed (so, make sure you hold your credit cars low, at least 75% below your credit limit) 15% length of credit history (it takes a few months of honest standing) 10% new credit, 10% types of credit ( don't get too copious credit cards 5 is perfect.

Just keep perfect habits and you'll have some A credit (740 and above)

To preserve your score up, I would keep adjectives of your accounts open even if you pay stale the balence. Your score also depends on that age of the accounts also. Keeping balences below 50% of the credit limit is what creditors close to to see. Paying on time is also a big part of your credit ranking.

Here is a report that will help you will credit report tips:
http://www.freelansingrealestatetips.com...

I hope this information is helpful to you.