What do I do roughly speaking credit ? ONCE I PAY OFF MY CREDIT CARD DEBT ALL OF IT .
ONCE I PAY OFF MY CREDIT CARD DEBT ALL OF IT . I AM NOT GOING TO CLOSE MY ACCOUNTS I WANT TO KEEP THEM OPEN SO IT LOOKS GOOD ON MY CREDIT , BUT HOW DO I GET MY CREDIT SCORE BACK UP ONCE THESE ARE PAID IN FULL ?
Answers: It should go up once the cards are payed bad. Your debt utilization ratio is a part of your credit chalk up, and that should go up for a time once your debt is payed off.
Always remember though that debt surrounded by itself does not hurt your credit very much, unless you are approaching maxxed out and struggling to make minimun payments. Whats hurts most peoples credit is failing to take-home pay bills on time, and allowing to them shift into collections. So just hold up paying them on time every month and you will consideration your score start to elaeate somewhat hastily.
Continue to use your credit cards. Even though you may not want to the best way is t verbs to use them and show that you can pay your bills in good time. All you have to do is not use your card until you know you hold the money to pay it bad.
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