New Member
gem0648
Posts: 2
Registered: ‎01-30-2010
Re: How Will Paying Off CC vs. Installment Loans Affect Score?

agreed on paying CC debt down first. unless of course you have an high installment loan balance at 25% interest rate.  It all depends on the APR for the CC and loan, if their within say 5% of ea other, pay down the CC, then work on the installment loan(s).  As has been said in prev posts, this is the best way to raise your FICO score faster.