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Best Way To Repay - Loan or Card first
giorgio992
Posts: 75 Forumite
Hi all,
I am trying to improve credit score by paying down overall debt. I have credit cards almost at max limit. additionally i have loans to pay off too (traditional not payday).
Most are same/similar APR, but in terms of boosting credit score, am I better clearing card balances or loan balances?
G
I am trying to improve credit score by paying down overall debt. I have credit cards almost at max limit. additionally i have loans to pay off too (traditional not payday).
Most are same/similar APR, but in terms of boosting credit score, am I better clearing card balances or loan balances?
G
0
Comments
-
Hi
Can i ask why you want to improve your credit score?
maybe you should just focus on being debt free, as credit score doesnt really mean anything.Total Debt in Feb 2015 - £6,052 | DEBT FREE 26/05/2017Swagbucks £200 Valued Opinions £100Dave Ramsey Baby Step 2 | Mr Money Mustache Addict0 -
Your improving your credit history NOT your credit score, the history part is what is important and is what lenders see.
Post the apr% for the cards and loans, im sure someone will help.0
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