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nhmomandnana

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what is the best way to increase my credit score each month. pay off credit cards or more on car?

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pay off credit cards

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Paying down an auto loan is a good thing, But paying off credit cards will raise your score faster. Start by paying down the cards with the highset interest rates.  Some people start by paying off the smallest balances, then using that money towards the largest,  Either way paying them down wil raise your score. Once the cards are paid down, then start paying off the Auto loan.  Check with your lender, Some have fee's for paying off a loan early.   

Good Luck 

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Whichever has the highest utilization.

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credit cards. its unsecured debt. 

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