- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Credit score
Your credit report tracks whether or not you pay on time each month. Making a larger payment won't improve your history of paying on time.
Your credit report also tracks your balances as a percent of the original amount (such as a car loan or student loan) and also tracks your combined balance as a percentage of your available credit (your maximum borrowing ability). Making a larger payment to reduce your balance will definitely help these two factors.
‎September 17, 2020
9:32 AM