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guayama1983

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How many points would rise my credit if I pay off a loan of $ 5100. i pay 6 month paying it on time.

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If you have no other loans then paying off and closing this one will probably cause your scores to DECREASE. If you are concerned more about scores than saving money on interest, then the best thing to do would be to pay the loan down but not off. Remember, active accounts are needed at all times to build and maintain good credit.

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