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brace4405

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Pay off loan or decrease Credit card Utilization?
I have a high Credit Card utilization, I am getting a tax refund that will allow me to pay off a loan that I pay 350 a month on and would still have about 1500 left after paying off the loan. What do I do? Pay off Loan or put entire tax return towards the Credit Card balances? We are trying to qualify for a home purchase

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I would pay down credit cards it will help drive your credit store up. If you pay off the loan in full it could actually make your score go down.

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