Posts Tagged ‘ reduced payment ’

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

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

  • ©2015 Experian Information Solutions, Inc. All rights reserved.