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How many points will your credit score increase if pay down credit cards?

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Wiki User
2007-12-06 23:57:57

Depends on lots of things, especially what percent usage you

have now, and what you bring it down to. Unfortunately it might not

happen immediately, but over time. Usage means the current balance

divided by the max limit. Lenders like to see you using less than

30% of your total maximum limit. Then again, it's good to pay down

credit cards for other reasons than just to improve credit score.

Lower balances means less money going to interest. That's extra

money in your pocket.


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