Is it possible to establish a credit rating without ever carying over a balance on your credit card?

I have used my credit card for over 10 years. I pay off my card completely every month and when I went to check my credit score it said not enough information about my credit was available. Is this because I never carry over any charges month to month.|||Have you ever thought about how many people in our country don't have a perfect credit score? You will surely be surprised to know that over 30 million Americans have a below average credit score. Boosting your credit rating takes some work. There is no quick fix to increasing your ratings. Repairing any damage takes time, but it also does not spell doom!





So what is credit rating anyways? It is a number given to assess and reflect your creditworthiness. Your credit score will be a number valued from 300 to 850. While numerous factors can be attributed towards this rating, your payment and debt history are more important than others.





To start with, you shall need a copy of your credit report. If everything in the reports is good, then you can be rest assured that you will have a good credit score. Getting your credit reports is easy and pain free.


Read more from: http://www.credit-card-gallery.com/article/196,Increasing_Your_Credit_Rating|||Actually, according to my mortgage broker, it is better to pay off your credit cards every month and never let the amount go over 1/2 the available credit (not even mid-month between statements).





Do you only have one credit card? Do you have any other loans or anything in your name? Did it say that you don't have a credit score or there wasn't enough info for it? The credit company should provide you with an explination for why they couldn't get your score - there may be nothing wrong with you credit amount, just something wrong with the way they pulled it.|||If you have only 1 credit card and no other loans this might be the reason why it states you don't have enough history.





When your balance gets reported each month, they report the high balance for the month. So you are showing activity for every month you are using it, which will help your score. But if you go a few months between use, then they do not report your history if there is no balance. So if you pay it off every month, to show activity you then must use it every month.





Also, you did not mention if this was a major credit card or a store credit card. A store credit card has a lower weight in the scoring.