Many credit card holders choose to carry a balance on their card, but this strategy costs more in the long run and your credit score is better served by paying your balance in full.
About the author
“Debts, unlike fine wine or my wife, do not improve with age." - Steve Bucci
- Personal Credit Coach
- Expert Witness in Identity Theft and Credit Scoring Related Cases
University of Rhode Island at Kingston
Author of the popular books:
- Credit Repair Kit For Dummies – 5th edition
- Barnes and Noble Debt Management
- Credit Management Kit For Dummies
- Managing Your Money All-In-One For Dummies (coauthor)
- Debt Repair Kit For Dummies (Australia)
Been featured on Fox Business News, Yahoo! Personal Finance and in countless newspapers across the nation
Appeared regularly as a personal finance expert on Comcast
Steve Bucci has been helping people decode and master personal credit and debt issues for the last 20 years. Bucci began his career in counseling at the Yale Psychiatric Institute before switching to a career in business, first management consulting and then finance. Wanting to return to a job that give him the chance to help people, Bucci served as president of several nonprofit organizations dedicated to helping the consumer wisely use credit. These include the Consumer Credit Counseling Service (CCCS) of Rhode Island, the CCCS of Southern New England and the Money Management International Financial Education Foundation.
Bucci has been a presenter at the FICO InterACT Global Conference, the Federal Reserve and the International Credit Symposium at Cambridge University in the UK. He has served as director of the CDNE Education Foundation, the University of RI Center for Personal Financial Education, the National Foundation for Credit Counseling, the Better Business Bureau of Rhode Island, the investment committee for the Episcopal Diocese of RI and National Network Non-Profit Services. He currently serves on the investment board for South County Health Care Systems.
Bucci received his BA and MA degrees from the University of Rhode Island at Kingston. He was named Visiting Executive in Residence at the University of Rhode Island in 2005.
Bucci and his wife, Barbara, live with their two cats, Peanut Butter and Smokey, at Sand Hill Cove in the seaside community of Narragansett, Rhode Island.
Steve's Latest Articles
4 min read Sep 30, 2021
Want to know if you can get a credit card without a social security number? Read to find out the options and alternatives.4 min read Jul 29, 2021
You may get a lower monthly payment, but your loan could outlive your car.3 min read Jun 23, 2021
Asking for a rate reduction on a credit card might lower a credit score. Find out when it does.4 min read May 06, 2021
If you have limited credit history and you need a way to prove your creditworthiness, then a revolving account like a credit card can absolutely help boost your credit score3 min read Apr 22, 2021
Credit card issuers generally report every 30 to 45 days, but there aren’t set guidelines.5 min read Apr 08, 2021
These top 10 causes of debt are putting — and keeping — many Americans in the red.3 min read Mar 01, 2018
These dumb tax moves can affect your personal finances well beyond tax season.2 min read Mar 22, 2017