Name: Should I Pay Off All My Debt At Once Unfortunately
Uploaded: 2021-12-08T09:38:05+00:00
Duration: 4 min 39 s
Description: Should I Pay Off All My Debt At Once Unfortunately When you have maxed out your credit cards, your credit utilization ratio goes up. This makes a negative impact on your credit score. However, when yo

4 years ago

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Should I Pay Off All My Debt At Once Unfortunately

When you have maxed out your credit cards, your credit utilization ratio goes up. This makes a negative impact on your credit score. However, when you repay the debt, your credit utilization ratio goes down. This helps to increase your credit score.

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