Originally Posted by
Beckles
Carrying that much revolving debt will not make your credit score look "good". I've read anecdotal evidence that having small balances reporting may help credit score, but we're talking in the range of 1%-5% of available revolving credit, which can easily be accomplished by just using credit cards for monthly expenses anyway.
I did it and my score jumped 15% within 60 days. So it does work, maybe not for you, but it did work for me.