If you’re trying to get your financial life on track, you may assume that paying off your consumer debt will solve all your money problems. Not only does this free up money each month, but it should improve your credit score, right? Not necessarily. Here’s why. I paid off all of my debt, and my score dropped...
The article Will My Credit Score Go Up When I Pay Off My Debt? originally appeared on NerdWallet.
from NerdWallet
https://www.nerdwallet.com/blog/finance/credit-score-pay-debt/
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