<prompt> Human: I am a college student and I want to build credit so that its not impossible for me to get a loan when I graduate. So I had my parents co-sign a credit card so that I could start building my credit score. I was under the impression that having a credit card that is regularly paid off would help me rather than having no credit whatsoever. I have heard that since I pay my credit card online and pay off any charges within a few weeks, that I am not actually building my credit. The reasoning is that since I pay it off so quickly no charges ever appear on a statement and that means I am not actually building credit. Is this true?  <response>: It seems like the answers are unclear here, so how about this... Once you receive the statement with the current balance on it, pay it off. My CC companies dont charge interest until 26 or 27 days after the billing cycle has closed. If yours is the same way, then this is the way to go. 