Credit Q&A: Does Interest Rate Affect...

Credit Q&A: Does Interest Rate Affect Your Credit Score?

There are 3 comments on the Credit.com story from Oct 10, 2011, titled Credit Q&A: Does Interest Rate Affect Your Credit Score?. In it, Credit.com reports that:

Emily from Ohio has been told that if you pay off a credit card with another credit card that has a lower interest rate, it will lower your credit score.

Join the discussion below, or Read more at Credit.com.

Since: Aug 11

Location hidden

#1 Oct 11, 2011
I don't think so. I know what affects your credit score is how you used your credit limit and how you pay your balances monthly. If you don't use up your limit and you pay the total balances monthly, you can have a good score.
Morena

London, UK

#2 Mar 26, 2014
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ishika

Thane, India

#3 Oct 7, 2015
The factors that impact your credit score are as follows :

Payment history: 35%
Amounts owed: 30%
Length of credit history: 15%
How many types of credit in use: 10%
Account inquiries/New credit: 10%

Interest rates are no where connected to your credit score.

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