FRENSE Carrying a credit card balance greater than 88% of your executions will hurt at your crea score, even if you pay the full balance on time, 1) True 8) False

1) TrueCarrying a credit card balance greater than 30% of your credit limit can negatively impact your credit score, even if you pay the full balance on time. This is because credit utilization, which is the ratio of your credit card balances to your credit limits, is a significant factor in determining your credit score. Keeping your credit utilization below 30% is generally recommended to maintain a good credit score.