<prompt> Human: Im in my late 20s and Ive received a credit limit increase offer from my bank. Should I accept this? Im more wondering what risks vs. advantages that may have down the road, besides having access to more credit should I need it. Im fairly responsible and pay my bill on time every month. I appreciate any input. Assistant: The only risk is you getting yourself into more debt, but if you are responsible and pay in full every month, you should take it. It will increase your available credit and decrease your credit utilization which will make your credit score increase.Human: I appreciate the reply! By pay in full, do you mean pay the total amount owing down to 0, or the minimum required payment? Ive typically kept a balance around 20 on advice i received from someone, is it typically better to pay down to 0 each month? Thanks again!  <response>: Keeping a balance on your cards to build credit is false information. You dont need to carry debt and pay interest to build credit. Credit is built over time. Simply having credit cards open will increase your credit. The best case scenerio is to pay your statement balance amount in full every month to avoid paying interest. 