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Posts Tagged ‘ reduced payment ’

Paying off credit cards likely will save money in the long term

  • March 31st, 2010
  • Posted in Credit Reports . Credit Scores

Dear Experian, I came into a lump sum of money and want to pay off my credit cards. I was thinking about negotiating down the two higher balances until I heard that it can actually hurt your credit score. Is that correct? Should I just pay the full amount rather than negotiating a lower amount to pay? - CKL[ READ MORE ]

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