Does Not Using a Credit Card Hurt Your Credit Score?
Ese Precious
Ese Precious
Fintech writer at AskWallet.io
2 min read 10.08.2022 180
Does Not Using a Credit Card Hurt Your Credit Score?

Does Not Using a Credit Card Hurt Your Credit Score?

Credit Card
Debit card
Virtual Card
Сredits and loans

A credit card is one of the most used financial tools today. It allows people to make purchases, transfer money, and withdraw cash from ATMs using borrowed funds with regular repayments. When used wisely, credit cards help people build good credit scores, which enables them to apply for more funding easily. But what happens to your credit history and loan worthiness when you stop using your credit card? We will try to answer this and other related questions in this article.

Ibrahim Busari
Ibrahim Busari
Ibrahim Busari