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No and Yes. Paying down your credit cards so that the available credit is higher then what is currently being used is a factor in the scoreing. The best way you can raise your credit score is dispute the derogitory credit you have that has been paid off or is old. There is no reason something paid current from 1980 should still be on your credit report. If you do not stand up for yourself no one will. I suggest disputing any paid derogitory credit. Even if it says paid on the report dispute it anyway as being paid. The agency will go back to the creditor and they will have 30 days to answer the dispute or it will be dropped of the report. most collectors when paid do not answer those disputes.

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โˆ™ 2011-09-13 18:04:02
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Q: Will paying off my 72k mortgage and 30k in bills raise your fico fast and how much?
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Related questions

My husband cosigned for my 2nd mortgage and he is not on the first mortgage. if we have the same lender for both mortgages and we quit paying on the first mortgage how fast will his credit be impacted?

Since he is not listed as a borrower on the first mortgage his credit is not affected by paying or not paying that mortgage. Even if both loans are with the same company, he is only held responsible for the loan in which he signed.

What if your husband has left you to pay the mortgage and bills he has left no forwarding address you cant afford to pay it all can you pay half the mortgage until its sold?

No. Get personal legal (and financial)

How can I pay off mortgage fast?

You can pay off your mortgage fast by making large extra payments or paying a large extra amount with your mortgage payment. For example, a $150,000 mortgage at 5% for 30 years, paying $300 extra per month reduces the number of monthly payments by 159, or 13.25 years, and reduces the interest and total paid by $68,321.30. If you want it paid off sooner, paying $600 extra per month reduces the number of monthly payments by 218, or 18.17 years, and reduces the interest and total paid by $91,039.96.

Where can one get fast track mortgages?

One can get fast track mortgages by going to the Fast Track My Mortgage website. The website allows for people to get a mortgage on their houses quickly.

What is the fastest easiest home mortgage calculator? is a fast, easy, and reliable mortgage calculator.

What is a mortgage approval calculator used for?

A mortgage calculator is to calculates what your mortgage will be monthly. It is a very easy and fast way of knowing if you can afford your mortgage. You will be able to find a mortgage calculator by going to

Should I get a fast mortgage refinance?

You might want to ask a professional for this, however it is usually easier to get a long term mortgage. The reason for this is because that way you don't have to take as much money each month as you would in a fast mortgage.

I will like to consolidate my bills is this a good idea?

yes In almost every instance it makes good financial sense to consolidate bills. You will be paying a smaller interest rate and your bills will be paid off sooner. However, once the bills are consolidated you MUST NOT INCURE ADDITIONAL DEBT. Otherwise you are just wasting your time and one the fast track to financial ruin.

What cars are exempt from paying fast trak?

How do I question a Fast Trak fine

Paying Your Electric Bill Online?

It is never a fun experience to pay your electric bill, but you may be able to save yourself some time and make the whole process more convenient by paying your electric bill online. Most electrical companies will allow you to do this. In many cases they will allow you to set up automatic payments. This has the advantage of guaranteeing that you will never be charged a late fee. You may not want to use this service, however, if you are concerned about the possibility of getting overdrawn on your account. In some cases, paying online will actually save you money that you will be charged for paying over the phone.

What are the most common ways to calculate a mortgage?

A mortgage calculator can calculate mortgage fast and efficiently. Just enter the price of the house, and then the interest rate, and the loan rate, and then press calculate

What is a fast easy to use home mortgage calculator offered online?

This mortgage calculator is great and easy to use also:

How fast can you raise a credit score of 517?

I got mine from the low 500s to high 600s in less than a year by paying off a lot of debt and re-building a solid history of on time payments.

What builds credit faster paying the monthy minimum or in full?

Paying your bills in full is always better than paying the minimum monthly payment. When you are paying your minimum monthly payment your balance continues to grow because you continue to shop and the interest continues to be add-on and it will take years and years to pay off. (by law, the bill will show how long it will take to pay your bills, if you are paying the minimum monthly payment). That is how people get overly in debt and high balances affect your credit score. my advise is: treat credit cards as a replacement of cash, (to take advantage of the rewards/benefits of the card), NOT AS A FAST LOAN.

Low paying jobs?

One low paying job is working in the fast food industry. Fast food industry workers tend to get no more than minimum wage.

I want to know how i can get a fast mortgage refinance?

The fastest way to refinance your mortgage would be to contact your current mortgage company. Since they already have all your property information, they may be able to help you get this done quickly.

How do you raise a chicken for the table?

Run fast for the nearest chair.....

How do you make dollars fast?

Get a good paying job.

How fast and how many points can you add on your credit score?

Credit scores normally range from 330-830. The only way to raise your score positively to continue to pay all bills on time and keep your debt ratio low. With a new credit card/loan it takes about 6 months of positive information to raise your credit score.

How fast can you pay off a 30 year mortgage if you make an additional payment a year?

22.5 years

What types of livestock do ranchers raise?

Ranchers raise a wide variety of livestock depending on their ranch. A rancher would mostly raise cattle for beef as selling beef is profitable in the fast food industry.

What is mortgage amortization?

If your a homeowner you should try to know how the amortization of your home mortgages work. Amortization affects how quickly a mortgage value is paid down also how fast you can build equity into the house. This allows a homeowner to understand how each monthly mortgage payment can effect the homeowner.

On the online game Ikariam how do you raise your income fast?

cut down on researchers and workers

How can you get good grades in 7th grade fast?

study for the next test and get an A+ on it which will raise your grade

How many days will it take you to run out of 20 bills if you had 10000 bills?

The question isn't specific enough. You need to state how fast the bills are being spent - one per day, one per hour, one per week?