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Double payments increase my score?

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Let's say my balance is $100 due on the first of next month, if i were to pay $50 on the 15th and the other $50 on the first (payment due date) would my credit score benefit more as opposed to making the full $100 (1 time payment) on the due date?

Asked by Jacqueleane 1 year ago Flag this Question

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No, this would not affect your credit score.

The only potential you could see is an extremely mild day-to-day change of a couple points here and there (maybe, but probably not even that much) as your total debt decreased on the day you queried.

Splitting your total monthly payment as you've outlined above will have no affect on your overall score though. Paying more than the minimum and paying off debt as quickly as possible certainly has more of an effect.

Good luck!

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nathanmedic 1 year ago

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