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A comment on Uber's Loss Exceeds $800M in Q3 on $1.7B in Net Revenue. Parent comment

Re:Uber's Loss Exceeds $800M in Q3 on $1.7B in Net Revenue by gschier on Monday December 19, 2016 @09:15PM (#13216837)
Using a credit card builds your credit. Just remember to always pay it back (in full) on time.
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Re:Uber's Loss Exceeds $800M in Q3 on $1.7B in Net Revenue by Cyph0n on Monday December 19, 2016 @09:17PM (#13216856)
Haha, you're right - I did not phrase that correctly: I use a secured CC sparingly to avoid over-utilization. In this case, I had to use my debit card.
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Re:Uber's Loss Exceeds $800M in Q3 on $1.7B in Net Revenue by ohwello on Tuesday December 20, 2016 @02:18AM (#13218086)
Utilization has no lasting effect on your credit score - if you have 100% utilization one month and pay it off next month, your credit score will be the same as if your utilization was 0% the whole time. It doesn't matter for building credit in the long term.
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Re:Uber's Loss Exceeds $800M in Q3 on $1.7B in Net Revenue by Cyph0n on Tuesday December 20, 2016 @08:07AM (#13219445)
I see, thanks for the info. I will keep that in mind.
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