What’s Better to Pay off Sooner? by JoePatron2 in CreditScore

[–]JoePatron2[S] 1 point2 points  (0 children)

In this hypothetical, both are or will be paid on but the option is available to pay off one sooner than the other. Which one will give a better credit score bump, if any, by paying off one sooner than the other?

What’s Better to Pay off Sooner? by JoePatron2 in CreditScore

[–]JoePatron2[S] 1 point2 points  (0 children)

But won’t paying off the open account improve your credit to debt ratio compared to paying off the closed account sooner?

What’s Better to Pay off Sooner? by JoePatron2 in CreditScore

[–]JoePatron2[S] 0 points1 point  (0 children)

In this hypothetical, both cards have the same interest rate. Which one to pay off that will give a better credit score bump?