Sunday, October 11, 2009

Can paying off debts on your credit report actually increase your score?

I've recently paid off about seven creditors on my credit report (all within two years of reporting). Does anyone know if that does anything for my score?





I was told by all companies that they would remove the account from my file. Does that help?

Can paying off debts on your credit report actually increase your score?
It may take time for you to see the benefit, but remain consistent and it will benefit you greatly. To build additional credit, try creditloader dot com.
Reply:absolutly....although the american dream is having debt....you should always pay those credit bills as soon as you have the money...and trust me your score WILL go up
Reply:Paying off creditors improves your score especially if they were nearly maxed out credit cards.


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