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Only if you OWN the credit card company. Credit card debt is a silent killer. Make the choice to carry ZERO credit card debt.

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Wiki User

18y ago

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If you pay off a credit card balance is it bad your my credit report?

not always, depends on your credit situation. keep using and paying off your credit card every month to improve your credit score


Is it bad to immediately pay off credit card debt?

Paying off credit card debt immediately is generally a good idea because it can help you save money on interest and improve your credit score.


Where can I go if I have some credit card with bad credit?

Bad credit can be fixed by paying off everything. Using a credit fix isn't a solution and may actually harm your credit if the company isn't reputable.


Does paying off a credit card hurt your credit score?

Paying off a credit card can actually help improve your credit score by reducing your overall debt and showing responsible financial behavior.


Will paying off a credit card hurt my credit score?

Paying off a credit card can actually help improve your credit score by reducing your overall debt and showing responsible financial behavior.


Does paying off your credit card help improve your credit score?

Yes, paying off your credit card can help improve your credit score because it reduces your credit utilization ratio and shows responsible credit management.


Where can I learn how to quickly pay off my credit card debt?

Typically classes regarding paying off credit card debt are offered by community based organizations. The best bet for paying off credit card debt is to go see a credit couselor.


How does paying off a credit card affect my credit score?

Paying off a credit card can positively impact your credit score by reducing your credit utilization ratio and showing responsible financial behavior. This can improve your credit score over time.


If a relative dies and you were paying their credit card debt for them and you are an authorized user of that card are you then responsible for paying off that card debt balance?

No.


How can you get a loan of 2000 with bad credit?

a big interst rate-any company will give you a card so if you have bad credit expect 28% interest attached per month paying it off


What actions would improve your credit score?

paying off your credit card bill


How can you get your credit card interest lowered?

By paying off the debt you owe