Credit

>paying off debts lowers you credit score
>financial freedom is penalized in 'Murica

Why is this country so cucked?

Jews.
They want you in debt for life you they can juice you to death with interest, goy.
A fascist society where usury is illegal is the only solution.

>using a credit card for anything besides purchases which can only be bought with a credit card
>whining about it like a 17 year old who just started to figure this out for the first time ever
Dumbshit

Paying off debt increases your credit score.

>have 2% cash back card
>pay off bill before the end of the month
>????
>profit

I don't think you understand how credit scores work....

Paying off debt >increases< your credit score, not decreases it.

Paying late, missing payments, having too high debt-to-credit ratio, having too many lines of credit, or never never using credit services can negatively impact your credit.

Literally, get a secured loan/credit card from your bank, use it, pay it back. That simple. Credit is just a system to show lenders that you're dependable and >you< benefit from better credit by getting more competitive interests rates, getting access to higher value items (houses, cars), and even opens the door to some jobs (dealing with money, banking, loans, etc.).

If you're not paying it off as long as possible and putting as much interest into the pockets of greedy jews as possible you will get penalized.

Depends on if the debt is charged off or not. Paying charged off debt does nothing besides stop collections.

No OP is correct in the long term. Pay of a car and use no credit for 5 yrs and then check your score.

If you pay your statement before it's due, it doesn't get reported to the credit reporting agency, and thereby doesn't affect your score. It bumps your score up over time if you pay on the due date, but you also need to have a line of credit for years, and also the more you borrow/pay, the more you can borrow in the future.