MND Q&A

if you negotiate down your credit cards and pay them off completely does it affect your credit score

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if you negotiate down your credit cards and pay them off completely does it affect your credit score when buyng a house?


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Here are the 5 main factors that make up your credit scores.

1)Payment history: 35% 2)Amount of debt: 30% 3)Length of credit history: 15% 4)New lines of credit 10% 5)Mix of Credit 10%

Answered 4 months ago
Melvin List
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