Is it true that zero credit utilization is bad?
I understood that this was the best way to use a credit card, but lately I've heard that having a low credit card balance is better for your credit score than having a zero balance. Is that true? And if it is true, what's the reasoning for it?
I can see how credit card companies might not want to extend credit to someone who won't owe them any interest. But other people looking at your credit score (car dealers, landlords, etc) should prefer to see that you're not in debt at all.