Jump to content

Welcome to CreditBoards!

Sign In 

Create Account
Welcome to CreditBoards! Like most online communities, you must register to post in our community, but don't worry - this is a simple process requiring minimal information for you to sign up. Be a part of CreditBoards by signing in or creating an account.
  • Start new topics and reply to others
  • Subscribe to topics to get email updates
  • Get your own profile page and make new friends
  • Send personal messages to other members.
Guest Message by DevFuse

Read These Items!

  • We're done with the posts turning political, guys.  
  • Starting immediately, any post that turns political will be immediately closed and the poster who interjected politics will be warned.  
  • ​It is our interpretation that deems it political.  We will not entertain discussion about your intentions.  
  • If you're getting an Authentication mismatch error: Clear your cache. Log out of CB. Delete your cookie. Close your browser. Open your browser and log back in.
  • Yo!  AOL email is bouncing and they aren't giving us a way to get off their blacklist.  If you're registered with an AOL email address and you have another one you can use in your settings, please change your email on record, so you can get the notifications you're expecting.


Negative Credit Card Balance

  • Please log in to reply
5 replies to this topic

#1 cal3850

  • Members
  • 13 posts

Posted 06 May 2011 - 02:59 AM


Does carrying a large negative balance on your credit card hurt your credit score?

#2 BW1216


    Bump Influence VI

  • Members
  • 1,822 posts

Posted 06 May 2011 - 04:54 AM


Does carrying a large negative balance on your credit card hurt your credit score?

No, but it probably doesn't help either. I'd imagine it might make scoring models just think it's $0.

#3 blackangst


    CB Pot Stirrer

  • Members
  • 1,194 posts

Posted 06 May 2011 - 10:30 AM

Not necessarily. It will report as a 0 balance though.

#4 Roland99

  • Members
  • 2,993 posts

Posted 17 June 2011 - 10:13 AM

I have two accounts that are about to report with negative balances.

Actually, my Paypal is about a $16 credit but it just reported the other day as $0. My Target is about a $3 credit and I'll find out what it shows after the end of the month.

#5 BobWang


    Bump Influence <3

  • Members
  • 35,930 posts

Posted 17 June 2011 - 10:25 AM

I often have credit balances.
They report as a zero balance.

#6 JaseT



  • Members
  • 2,749 posts

Posted 17 June 2011 - 10:44 AM

I often have credit balances.
They report as a zero balance.


My PenFed Visa always has a negative balance when it reports due to the cashback rewards posting.

0 user(s) are browsing this forum

0 members, 0 guests, 0 anonymous users

© Copyright 2003 - 2015 Creditboards.com. All rights reserved. No portion of this site may be reproduced without explicit permission from the owners. The content of creditboards.com is subject solely to the personal whim of its admins. We reserve the right, at our sole discretion, to remove any and all posts or comments, at any time, for any reason which takes our entirely capricious fancy, or for no particular reason whatsoever, without restriction. Comments or questions regarding the site may be addressed to admin@creditboards.com.