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Originally Posted by Dunit35
You are saying that if I continue paying it off as quickly as possible it could hurt me?
What I am saying is, the credit report people don't see that I paid off a credit card 5 months in advance?
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There are no "credit report people" it's all programmed formulas. Paying it off won't hurt you. The main thing is that now that you have it open it should be active. Unfortunately with a Kay's card you can't really use it very often. I would recommend you sign up for a card on campus (master card or visa), get the free tee shirt and use it for 1 tank of gas per month. When you get the bill pay it off in full and charge another tank of gas and so on. This will establish an active account that is managed responsibly. The scoring model will see low balance to limit ratio, and good payment history and BOOM there you have it! Within 6 months you will have a good credit score.