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Level 2
Jan 8, 2020 12:33 AM UTC
Question

Credit

If u pay a debt will tht help ur score 

    3 replies

    Level 15
    Jan 8, 2020 2:01 AM UTC

    That depends upon the type of debt, whether it is reported to the credit agencies, and your credit utilization ratio. The links below have further information.

     

    https://www.thebalance.com/how-your-debt-affects-your-credit-score-960489

     

    https://www.nerdwallet.com/blog/finance/credit-score-pay-debt/

     

    https://www.credit.com/blog/2019/12/how-does-paying-off-a-loan-affect-your-credit-score-64668/

    Cl08Author
    Level 2
    Jan 8, 2020 12:32 AM UTC

    If I wanna pay some of my debt would tht help my credit 

    Level 15
    Jan 8, 2020 2:18 AM UTC