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Question By
dezzy92

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Is it a good idea to pay off a credit card in full that is at 130.00 if I also have a car payment?

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Top Contributor
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It's always good to pay off your cards.

but running a small balance each month can also have a great influence on your score causing it to rise. Creditors like to see you leave a balance becuase thats where they make their money. 

to the question of "also have a car payment" Instalment loans should take priority to paying off credit cards. If your budget doesn't allow you to pay both in full, hen pay the auto laon and pay what you can to the card.  

More to the question of what it is your trying to do,  If you want to increase your score, Pay off up to 90% of your balance each month,  Yes you will pay a little in interest, Consider that the cost of raising your score.  if your happy with your score, then pay off the entire balance and don't pay any interest.

Only you can determine whats best for you. 

Good Luck

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